Sentences with phrase «contract surety»

The Company writes both personal and commercial coverage including homeowners, flood, excess flood, business owners, contract surety and specialized products.

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Prior to entering law school, James was employed from 1987 to 1990 by The Guarantee Company of North America as a claims adjuster and underwriter in the contract surety department.

Moving away from bubbly crude, CNA Surety (SUR, $ 16.16) provides commercial and contract surety bonds throughout the United States.

Not exact matches

This notice clause shall be inserted by first tier subcontractors in all their subcontracts and shall contain information pertaining to the surety that provided the payment bond under the prime contract.

Lastly, RLI's Surety business segment provides surety bonds for businesses and individuals, for contractors and individual construction contracts, and for the energy, petrochemical and refining industries.

(1) Before executing a contract or agreement with or receiving money or other valuable consideration from a buyer, a credit services organization shall provide the buyer with a written statement containing: (a) A complete and detailed description of the services to be performed by the credit services organization for the buyer and the total cost of the services; (b) A statement explaining the buyer's right to proceed against the surety bond or surety account required by section 45 - 805; (c) The name and address of the surety company that issued the bond or the name and address of the depository and the trustee and the account number of the surety account; (d) A complete and accurate statement of the buyer's right to review any file on the buyer maintained by a consumer reporting agency as provided by the Fair Credit Reporting Act, 15 U.S.C. 1681 et seq.; (e) A statement that the buyer's file is available for review at no charge on request made to the consumer reporting agency within thirty days after the date of receipt of notice that credit has been denied and that the buyer's file is available for a minimal charge at any other time; (f) A complete and accurate statement of the buyer's right to dispute directly with the consumer reporting agency the completeness or accuracy of any item contained in a file on the buyer maintained by the consumer reporting agency; (g) A statement that accurate information can not be permanently removed from the files of a consumer reporting agency; (h) A complete and accurate statement of when consumer information becomes obsolete and of when consumer reporting agencies are prevented from issuing reports containing obsolete information; and (i) A complete and accurate statement of the availability of nonprofit credit counseling services.

A. Every credit services business, before it enters into a contract with a consumer, shall file and maintain with the Commissioner, in form and substance satisfactory to him, a bond with corporate surety from a company authorized to transact business in the Commonwealth, or a letter of credit from a bank insured by the Federal Deposit Insurance Corporation in an amount equal to 100 times the standard fee charged by the credit services business but in no event shall the bond or letter of credit required under this section be less than $ 5,000 or greater than $ 50,000.

Before signing a contract with this business, you should check with the surety company to determine the bond's current status.»

We advise on issues related to the Builders Lien Act, construction contracts, professional services agreements, procurement and tendering issues, default situations and surety bond claims.

Representation of a surety alleging liability under performance bond in a case in which the general contractor alleged breach of contract, negligent misrepresentation, and violations of CUTPA against the subcontractor.

The American Bar Association's (ABA) Forum on Construction Law event focused on the key insurance and surety bond products available to transfer risk and on issues concerning the relationship between those insurance products and contract provisions and performance obligations.

The event focused on the key insurance and surety bond products available to transfer risk and on issues concerning the relationship between those insurance products and contract provisions and performance obligations.

The firm's 23 attorneys focus in areas of insurance defense, financial institution litigation, environmental law, construction and contract litigation, surety and fidelity law, lawyer and professional liability, complex civil litigation, personal injury, employment, family law and domestic relations, probate and estate planning, and municipal risk litigation for businesses and individuals.

215 ILCS 5/143.1: Period of limitation tolled Whenever any policy or contract for insurance (except life, accident and health, fidelity and surety, and ocean marine policies) contains a limitation period in which the insured may bring suit, the running of the period is tolled from the date proof of loss is filed, in the form required by the policy, until the date the claim is denied in whole or in part.

We regularly advise on the insurance elements of building contracts, letters of intent, professional team appointments, surety documentation and collateral warranties for employers, contractors, subcontractors and professionals.

His practice includes commercial litigation with a focus on construction and surety law, including construction liens, delay claims, water intrusion, breach of contract, and other complex construction and commercial litigation matters.

This include a wide scope of matters, such as building contracts, construction and builders» liens, bonds and sureties, tendering, and construction claims, which pertain to all parties in the construction industry, including architects, subcontractors, general contractors, material suppliers, builders, designers, developers, planners, engineers and financial institutions.

We have extensive experience throughout Canada in construction - related litigation, including: improprieties in the bidding process; claims for construction liens; Performance and Labour and Material Payment Bond claims (primarily acting for surety); breach of trust; breach of construction contract claims; delays and liquidated damages claims; and problems caused by delays, damages, increases, substandard work, and debts guarantees.

His practice encompasses a wide variety of construction and litigation matters, including delay claims, claims for changed work, contract disputes, construction lending disputes, construction defect claims, surety bond claims, mechanics» liens and stop notices, public works issues, bid protests, false claims, claims for design professional negligence, products liability claims, international arbitrations, as well as drafting and negotiation of construction and design contracts.

Manitoba Court of Queen's Bench finds CRA entitled to priority to «earned but unpaid» contract funds held by obligee (over the surety who had paid out labour and material payment bond claims after principal's default)

In addition to our nationwide litigation experience representing businesses in sophisticated contract, construction and employment matters, we have successfully represented municipalities, other public entities, insurance carriers, their insureds, and private clients in many other areas of law, including legal and accounting professional liability, medical malpractice, construction defects and related surety and performance bond issues, commercial litigation, employment discrimination (L.A.D. and A.D.A.), products liability, Civil Rights § § 1983 and 1985 and other Constitutional claims, environmental and general insurance coverage, E.R.I.S.A., first party C.E.R.C.L.A. and I.S.R.A. actions and general negligence.

Although the exact details will vary from state to state, the following types of contracts generally would be unenforceable without a signature: contracts in consideration of marriage (e.g., prenuptials, postnuptials); contracts that can not be performed within a year; real estate contracts; contracts for goods above a particular threshold, such as $ 500; and surety contracts.

This week's summaries concern: Medical malpractice / Employment and discrimination / Building contracts and sureties:

APM Construction Services Inc. et al. v. Caribou Island Electric Ltd. et al. 2013 NSCA 62 Building Contracts — Labour and material payment bonds — Liability of surety — Extent of surety's obligation The Province of Nova Scotia retained APM Construction Services to act as the general contractor for renovations to one of its buildings.

The surety or bond provider (insurance company) assures the project owner that the contractor will perform a contract by completing certain work to a declared standard.

A surety bond (sometimes called a construction bid bond) is a three - party agreement by which the surety (insurer) binds itself to discharge the contracted obligations of a principal (contractor) to an obligee (owner) in the event that the principal fails to fulfill such obligations.

And if you need to back your services with surety bonds, Intact Insurance is one of Canada's largest issuers of contract, administration, miscellaneous surety and lost document bonds.

For nonperformance of a contract and most breach - of - contract matters where there was a loss because the terms of a contract were not fulfilled, a surety bond is taken out as insurance to protect the recipient.

It is the amount which a surety company gives a policy owner for cancellation of contracts and is normally associated with life insurance types of contract.

You must also maintain original copies of student contracts and receipts, insurance information, and surety bond information.