Surety insurers ride infrastructure wave to record profitability

Surety Insurers Ride Infrastructure Wave To Record Profitability

The U.S. surety insurance market is experiencing one of its strongest periods in history, fueled by an unprecedented surge in infrastructure spending and a favorable claims environment. Major players including Travelers, CNA, Liberty Mutual, and specialty carriers such as RLI and Arch are reporting record combined ratios, premium growth, and profitability as the sector benefits … Read more

Virginia subcontractor demands $700K from Manhattan Construction, Federal Insurance

Virginia Subcontractor Demands 0K From Manhattan Construction, Federal Insurance

Virginia Subcontractor Demands $700K from Manhattan Construction, Federal Insurance in Federal Lawsuit Richmond, VA – September 6, 2025 – A Virginia-based subcontractor, Hamilton Iron Works, Inc. (HIW), has filed a lawsuit against Manhattan Construction Company, LLC (MCC) and Federal Insurance Company (FIC), seeking over $700,000 in unpaid work and additional costs stemming from a federal … Read more