Blog tagged as Surety Market

These stellar results reflect more than simple scaling. The industry’s direct incurred loss ratio improved dramatically, falling to 20.5% through ...

If the Supreme Court rules President Donald Trump’s International Emergency Economic Powers Act (IEEPA) tariffs are illegal, U.S. companies would not only be in line to receive tariff refunds, but also billions of dollars paid to insurance companies in customs bonds and collateral. Customs bonds, al...

The U.S. Small Business Administration (SBA) has just unveiled groundbreaking results for its Surety Bond Guarantee (SBG) Program in fiscal year 2025, highlighting a remarkable $10.6 billion in guarantees. This milestone not only marks the strongest year in the program’s history but also echoes a br...

Federally funded infrastructure projects continue to drive premium growth in the US surety market, with underwriting profits for the line exceeding $2 billion for a third consecutive year in 2024, according to a recent report by AM Best.

AM Best logoThe rating agency said that federally funded projec...

OLDWICK, N.J.--(BUSINESS WIRE)--

Federally funded infrastructure projects continue to drive premium growth for U.S. surety bond writers, with underwriting profits in this construction-oriented line of business exceeding $2 billion for a third consecutive year in 2024, according to a new AM Best repor...