Blog tagged as Claims
The potential for artificial intelligence to transform underwriting workflows has caught up to the surety bonding industry. But it has also led to concerns about job security as a new survey by Lance Surety Bonds found 41% of surety professionals are worried about roles being replaced.
“It’s really a...
04/12/2026 04:54 AM
An insurer has prevailed over a surety in a first-of-its-kind $3.9 million fight over arbitration defense costs.
The ruling, handed down on March 24, 2026, by Judge Theresa L. Springmann of the United States District Court for the Northern District of Indiana, resolved a question that neither party -...
03/27/2026 02:25 PM
Liberty Mutual Insurance Company has been named as a defendant in a federal lawsuit tied to unpaid work and flood damage at a San Diego VA hospital.
The case, filed on March 23, 2026, in the United States District Court for the Southern District of California, was brought by ZLM Mechanical, Inc., a V...
03/25/2026 02:33 PM
Pennsylvania's Supreme Court handed surety companies a major legal win on bad faith claims this week, but warned they must show up to arbitration proceedings.
The state's Supreme Court ruled that Pennsylvania's insurance bad faith statute does not apply to surety bonds, sparing the industry from pote...
02/20/2026 09:25 PM
The surety put escrow controls in place - so how did the money slip through?
A surety's playbook for managing a troubled contractor worked — until it allegedly didn't.
Frankenmuth Insurance Company filed suit on February 12, 2026, in the US District Court for the District of Maryland, accusing contrac...
02/16/2026 11:44 PM