Blog tagged as Legal

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 -...

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...

Washington, D.C., United States, March 03, 2026 (GLOBE NEWSWIRE) -- Largest Legislative Fly-In Brings Industry Message to Congress

The Surety & Fidelity Association of America (SFAA) and the National Association of Surety Bond Producers (NASBP) hosted their most successful Federal Legislative Fly...

Changes to the way construction contractors and subcontractors recognize profits under Ontario’s Bill 60 mean builders can recognize profits sooner, which should reduce their borrowing costs and improve cash flow. Enacted last year, Bill 60 modifies the province’s Construction Act and other Acts and...

Introduction

Eastern Steel Constructors, Inc. (a subcontractor, “Eastern”) supplied work on a Pennsylvania State University construction project for the general contractor Ionadi Corporation (“Ionadi”). Ionadi furnished a payment bond (the “Payment Bond”) naming International Fidelity Insurance Compa...