Discover maintenance bonds, including how they work to protect property owners and contractors by covering risks of defects after construction completion.

Subcontractor default insurance (SDI) transfers subcontractor default risk to an insurance carrier, ensuring that the ...

Placing concrete requires specialized skills and equipment. The licensing requirements for concrete contractors vary from state to state. In some states, concrete contractors need a specific license ...

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SACRAMENTO, Calif., July 19, 2023 /PRNewswire/ -- Jet Insurance Company ("Jet") is entering the market for contractor bonds in California, marking the first time in recent history that contractors ...

Contractor insurance with general liability coverage will cost, on average, $142 per month. Rates can be affected by multiple factors, such as the type of coverage a contractor purchases, the number ...

Business insurance can help protect 1099 contract workers from liability and other risks. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

Norfolk Southern is suing Federal Insurance Company, accusing the surety of refusing to act on a performance and payment bond.

Bond renewals beginning March 1, 2026 require contractors to maintain an active surety bond to stay compliant with New ...