Category

Uncategorized

H.R. 2988 and the ERISA Fidelity Bond: Why the Proposal Does Not Change ERISA Bond Requirements or Covered Exposures

ERISA Fidelity Bond Impact Analysis—H.R. 2988’s Fiduciary Reforms vs. ERISA Bond Compliance Under ERISA § 412 H.R. 2988, as reported in the House on December 30, 2025, is best analyzed as a fiduciary-governance proposal rather than an ERISA fidelity bond… Continue Reading →

Data Center Boom and Power Appetite Effect on Surety Companies 2026

Predictions of rising surety capacity demand in 2026 are often described as a general consequence of higher infrastructure spending. That explanation is largely accurate, but it understates the specific mechanism most likely to shape surety markets in 2026. The sharper,… Continue Reading →

Kentucky to Require Electronic Surety Bonds for Federal Student Loan Servicers via NMLS

Effective January 26, the Kentucky Department of Financial Institutions (DFI) will begin accepting Electronic Surety Bonds (ESB) through the Nationwide Multistate Licensing System & Registry (NMLS) for firms applying for or renewing a Federal Student Loan Servicer License. This change… Continue Reading →

Emerging Form 5500 Protocols: Compliance Implications

The Form 5500 series remains a cornerstone of employee benefit plan compliance under the Employee Retirement Income Security Act of 1974 (ERISA). Administered jointly by the U.S. Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit… Continue Reading →

The Strategic Potential of Surety Bonds in Supporting the Global Expansion of Data Centers

The rapid expansion of global data center infrastructure has accelerated demand for reliable construction financing, risk transfer mechanisms, and comprehensive performance guarantees. Data centers are capital-intensive facilities that require rigorous engineering standards, continuous operational resiliency, and synchronized performance among multiple… Continue Reading →

ERISA Fidelity Bonds, Essential Dates

The Employee Retirement Income Security Act of 1974 requires that every person who handles plan assets be bonded to protect against loss due to fraud or dishonesty. Under ERISA Section 412 plan officials must be covered by a fidelity bond… Continue Reading →

Deploying the Managing General Agent Model in the Surety Class

The insurance marketplace is evolving rapidly, and specialized intermediaries are playing an increasingly central role. In 2024, the National Association of Insurance Commissioners (NAIC) reported that direct written premium by managing general agents (MGAs) grew by 14.5%, marking the fourth… Continue Reading →

Forecasting Public Work Opportunities for the Remainder of 2025

General contractors rejoice (mostly)! The outlook for U.S. public construction work for the balance of 2025 remains favorable, especially in heavy/highway, transit, water, and airport projects. This steady availability is underpinned by multi-year federal authorizations, a robust municipal bond market,… Continue Reading →

Against the Grain: Why Relying on Pay-If-Paid Clauses Is No Longer Prudent in Construction Contracting

The use of pay-if-paid clauses in construction subcontracts has long been a point of tension between prime contractors and subcontractors. These provisions condition a general contractor’s payment obligation on receipt of payment from the project owner. They are used strategically… Continue Reading →

Soft Winds in a Storm Season: Why Reinsurance Buyers Control the 2025 Market—For Now

The Insurance Business article, citing Aon’s July 2025 Reinsurance Market Dynamics report, presents a compelling snapshot of a reinsurance marketplace that has swung decisively in favor of buyers. It attributes this trend to ample capital supply (est. at $720bn globally),… Continue Reading →

Surety Prevails in Customs Bond Case, U.S. v. Aegis Insurance Co.

Surety companies participating in the customs bond class have taken a win. United States v. Aegis Security Insurance Company (No. 20-03628) and its follow-up decision in 2025 (No. 22-00327) are landmark cases from the U.S. Court of International Trade. The… Continue Reading →

Performance Bond Language Affirmed – Oklahoma Supreme Court Decision on Notice to Surety (Flintco v. TIMS)

A court decision by the High Court of Oklahoma has given our industry a win. In Flintco LLC v. Total Installation Management Specialists, Inc., 2025 OK 35 (May 28, 2025), the Oklahoma Supreme Court addressed a controversy that had arisen… Continue Reading →

© 2026 Surety One, Inc.

Top ↑