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New Contractor Chosen To Finish Hartford Ballpark; Work Expected To Resume Next Week

A new contractor has been chosen to finish Dunkin' Donuts Park, and work is expected to resume next week, an Arch Insurance official said Wednesday. The new contractor will be Baltimore-based Whiting-Turner Contracting Co., which has extensive experience in building sports venues, said Patrick Nails...

10/06/2016 09:53 PM

Examining new BOEM supplemental bonding requirements for OCS decommissioning obligations: Part 4

In context of the Bureau of Ocean Energy Management’s new NTL 2016-N01, the recently in force Notice to Lessees and Operators in the outer continental shelf (OCS) laying out strict new financial demands o...

10/03/2016 06:58 PM

Former ITT Tech Employee Lawsuits

ITT Technical Institute suddenly shut down all of its campuses and online courses on September 6, 2016. By doing so, it puts approximately 8,000 employees out of work without warning. Those employees are fighting back. Former ITT Tech employee lawsuits have been filed in Delaware and Indiana. At lea...

09/24/2016 12:15 AM

QBE Expands Its Surety Capabilities with $73.5 Million Treasury Listing

NEW YORK, Sept. 15, 2016 /PRNewswire/ -- QBE North America today announced that the United States Department of Treasury approved QBE Insurance Corporation (QBEIC) as a Certified Company with an underwriting limitation (also referred to as a "Treasury Listing") of $73.5 million per bond. T...

09/19/2016 01:38 PM

ITT Educational Services Plunges to Record Low, Chubb Demands $19.8 M Collateral and Plans to Cancel All Surety Bonds

September 2, 2016 Clifton Ray - ITT Educational Services (NYSE:ESI) is down 13%, reaching a record week low earlier off a trading halt, after the company said in a SEC fling Chubb (CB) was demanding ITT to post collateral of $19.8 million in the form of an acceptable irrevocable letter of credit. Ch...

09/13/2016 11:05 PM