Construction Law Signal

Construction Law Signal

Insights & Information on Current & Emerging Developments affecting the Construction Industry

Tag Archives: Surety

Construction Executive Boot Camp 2016 - Interactive Panel Discussion and Cocktail Networking Event

Posted in Cohen Seglias News & Events, Construction, Insurance
Construction Executive Bootcamp logoAre you a construction company owner, CFO, controller, or lead estimator involved in the bidding process? On October 13th, join construction industry leaders, Bill Burke, Jason Copley, David Kane, and Anthony Stagliano, for a hands-on seminar, providing insights into effective strategies to maximize your profitability through innovative insurance, surety, legal, and accounting perspectives. To register,… Continue Reading

Is My Surety the Same As My Insurance Carrier? Not So Much Says a Federal Court in Pennsylvania

Posted in Bonds, Daniel Fierstein, Insurance, John Greenhall, Lori Azzara, Pennsylvania
As members of the construction industry know, to describe the relationship between a surety and the party to whom it issues a surety bond (the principal) as confusing would be an understatement.  In fact, many believe that the surety-principal relationship is similar, if not identical, to the insurer-insured relationship. In a recent federal court opinion… Continue Reading

Delaware Supreme Court Confirms That Sureties May Limit Bond Claimants

Posted in Bonds, Delaware, Robert Ruggieri, Scott Earle
Scott T. Earle and Daniella Gordon contributed to this post. A recent Delaware Supreme Court decision limited the field of bond claimants on a private project. In the case, Berlin Steel proper claimants under bond.pdf the Supreme Court overruled the trial court’s interpretation of an earlier decision that stood for the proposition that all subcontractors, regardless… Continue Reading