Back in December, I mentioned that Seattle-based Contractors Bonding & Insurance Company had been purchased in a private sale with RLI Insurance. Well, the sale finally went through and indications are that contractors will not be affected by the transaction.[...]
Archive for the ‘Bonds & Surety’ Category
May 2nd, 2011 - 9:18 am § in Bonds & Surety
CBIC Finally Sold to RLI Insurance, But Changes Are Not Expected
Surety Bonds For Green Building
This is the second guest article provided by SuretyBonds.com, an agency that issues surety bonds nationwide. Todays post comes from Kristen Bradley, a principal at SuretyBonds.com. The first article provided information about construction bonds in Washington. This article will focus on the role sure[...]
CBIC Bonded? Surety Company Bought By RLI Insurance
If you read this blog, you are probably aware that the State of Washinton requires mandatory bonding of its contractors. Contractors are required to maintain a good & sufficient bond of $6,000.00 or $12,000.00, depending upon classification. Many of our great state’s contractors are bonded[...]
September 2nd, 2010 - 8:12 am § in Bond & Retainage Claims, Bonds & Surety, Managing Risks, Public Contracting
Public Contracting Bonds: Should They Cover Sales Tax?
In an age where more and more contractors are making a foray into the realm of public contracting, we seem to see more confusion over what legal requirements the contractor must face. Today, I wanted to explore another legal dilemma – the public works bond. In the past, we have discussed repor[...]
August 23rd, 2010 - 7:37 am § in Bonds & Surety, Company News
Avvo Legal Guide: Making a Washington Bond Claim
We went ahead and published a new legal guide on Avvo.com today. The new guide is called How to Make a Claim Against a Washington Contractor’s Bond. The guide lays out a five step process to bringing a claim in Washington courts. Check it out by visiting this link. Reiser Legal has published s[...]
How To Make a Claim Against a Contractor’s Bond – in 5 Steps
Earlier this week, I discussed the Washington Contractor’s Registration Act bond. This is the statutory and mandatory bond that is a must for every construction company in the State of Washington. My prior article discusses questions of the amount of the bond, priority to the bond and your abi[...]
