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Are You Ready for a Hard Market?

Planning When You Don’t Need It Will Save You When You Do By: Kirk Rathjen, Regional Vice President, Contract Underwriting, Merchants Bonding Company Construction and surety have grown strongly over the past ten years with plenty of capacity, keeping the market soft, but it is always cyclical, so it’s just a matter of time before we start leaning toward a ...

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My surety wants to use funds control to provide my bonds… why?

The added security on a construction project is a win-win for all parties involved, says expert Construction projects can be risk-filled propositions as contractors work to meet strict deadlines while trying to avoid poor workmanship and workplace injuries. However, a major risk facing these projects isn’t any of the above. According to National Escrow, a division of Allstar Financial Group; ...

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