Tough Economy Puts Damper On Construction, Heat On Surety Bonds
May 12, 2008 BY PHIL GUSMAN
A sinking economy, resulting in cutbacks in construction projects and a tightening of credit, is just one of the looming challenges facing surety and fidelity bond underwriters as their association celebrated its 100th anniversary in Washington last week.
read more
|
Senate Expected To Okay Flood Reforms, But Wind Cover Dead In The Water
May 12, 2008 BY ARTHUR D. POSTAL
The U.S. Senate vote expected this week on legislation reauthorizing and reforming the National Flood Insurance Program—without adding wind coverage—will strengthen the insurance industry’s hand in the coming talks with the House of Representatives on a compromise bill, insurer lobbyists say.
read more
|