Blog
BATON ROUGE - Palomar Holdings, Inc. (NASDAQ:PLMR) has agreed to acquire The Gray Casualty & Surety Company from private equity firm BCP, according to a press release statement issued Thursday.
The transaction, which has received approval from both companies’ boards of directors, is expected to c...
10/30/2025 10:52 PM
By Matthew Sellers
A $3 million bankruptcy battle between Hartford Accident and Indemnity and Capital Credit Union is putting surety agreements under the spotlight for insurers nationwide.
When North Dakota-based Pro-Mark Services, Inc. filed for Chapter 7 bankruptcy in April 2024, it set off a contes...
10/22/2025 10:59 PM
$1.6 million payment dispute over a federal military renovation has put Sauer Construction, LLC and Federal Insurance Company at the center of a legal battle over surety bond obligations under the Miller Act.
Paramount Mechanical Corporation, based in Virginia, filed a complaint in the United S...
10/22/2025 12:16 PM
For many new contractors, bonding presents a chance to bid on larger or public contracts. But lack of familiarity with underwriting requirements—financial statements, work-in-progress schedules, character and credit history— can hold them back and prevent them from obtaining surety bonds.
To help ove...
10/13/2025 09:39 PM
EARLY IN HIS surety career, when 2025-2026 NASBP President Robert Coon worked as an underwriter, he sometimes had to spend long hours taking information from contractors’ Work-in-Progress (WIP) reports and keying them into a format that could be used by the surety’s software programs. "We had a...
10/10/2025 02:38 PM