RESOURCES / RISK AND CLAIMS
What triggers capacity cuts, how claims unfold, and how to recover without losing a program.
6 ARTICLES IN THIS CATEGORY
Most contractors think about bonding capacity as a number that goes up over time. You start small, build a track record, grow your financials, and the limits increase. That is generally true. But what I have learned…
5 min read · 970 words
The names and details in this story are changed. But the pattern is something the surety professionals at WIA have seen more than once. Established companies with decades of experience can get into trouble just as fast…
4 min read · 743 words
Nobody wants to think about bond claims. You bid the project, you got bonded, you started the work. The plan was to finish on time and move on to the next one. But things go wrong on construction projects. Disputes with…
5 min read · 1,006 words
I remember the first time I sat in on a bond application review at WIA. The contractor was excited about a new project, the financials looked strong, and the surety was ready to approve. Then we got to the General…
5 min read · 1,060 words
Every contractor has a bad project. It is not a question of if. It is a question of when.
6 min read · 1,101 words
The call comes on a Tuesday morning. Your drywall sub is not showing up to the jobsite. Their project manager is not returning calls. You drive over and find the work half-finished, materials scattered, and your…
6 min read · 1,111 words