Blog tagged as Legal
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
By Matthew Sellers
California court deals United States Fire Insurance a $1 million blow in a bail bond dispute – find out why this matters for surety insurers
California’s appellate court has upheld a $1 million bail bond forfeiture against United States Fire Insurance Company, spotlighting critical ...
10/03/2025 03:07 PM
Darren M. de Jesus
If the contractor has no enforceable obligation because the project was a sham or fraudulent, then the surety company cannot be made to pay either.
The continuing exposé and unraveling of flood control projects discovered as either totally nonexistent or utterly substandard has rais...
09/07/2025 11:45 AM
Insurer claims JAG Roofing left it on the hook for six-figure losses after bond claims
By Tez Romero
Trisura Insurance Company is taking JAG Roofing Inc. and its owner to federal court, claiming more than $174,000 in losses and facing over $770,000 in potential exposure after backing bonds for Florida...
09/05/2025 07:09 PM