Tag c. constantin poindexter

Surety Payment Bond Case in Pennsylvania, a Mixed Bag

Surety Payment Underwriting Lessons from Eastern Steel v. International Fidelity: Arbitration Risk, Bond Language, and Claims Exposure. The Pennsylvania Supreme Court’s decision in Eastern Steel Constructors, Inc. v. International Fidelity Insurance Co. is being discussed as a construction surety payment… Continue Reading →

Are Form 14 Fidelity Bonds for Broker-Dealers Hard to Write?

“Form 14 Fidelity Bonds Are Hard to Place Because Broker-Dealer enterprises Combine High Velocity Asset Flows, Insider Access, Cyber-Enabled Deception, and Litigation Prone Coverage Triggers That Concentrate Severity and Constrain Market Capacity. We write them, but there is an art… Continue Reading →

An ERISA Fidelity Bond Will NOT Protect from Cyber

The Cyber Theft Gap: Why an ERISA Fidelity Bond May Not Respond to Modern Cyber-Enabled Losses, and How Sponsors Close the Exposure The retirement plan ecosystem has become a high-value target for cybercriminals because defined contribution plans concentrate liquid assets,… Continue Reading →

Customs Bond Bust: Premium Bubbles and Loss Bubbles Could Be Painful

The customs bond market has historically been a stable, compliance-driven segment of the surety bond industry. Customs bonds are required by U.S. Customs and Border Protection to guarantee payment of duties, taxes, and fees owed on imported goods, as well… Continue Reading →

The General Indemnity Agreement in Commercial Surety

Clearly Understanding the Surety Bond General Indemnity Agreement as the Central Contractual Mechanism Driving Risk Allocation and Loss Recovery in Commercial Surety New surety bond producers often learn bonds as if the bond form is the whole product. Clearly understanding… Continue Reading →

ERISA Fidelity Bonds and the Cyber Lens: From Checkbox to Control

2026 EBSA Cybersecurity Enforcement and ERISA Fidelity Bonds: Compliance, Claims Causation, and Control Frameworks. First installment of our ERISA bond special report. Plan sponsors have always understood that the ERISA fidelity bond is mandatory, but too often it is treated… Continue Reading →

How DOL and EBSA Policy Shifts Can Change ERISA Bond Exposure

Recent U.S. Department of Labor (DOL) and Employee Benefits Security Administration (EBSA) actions have signaled a more permissive posture toward certain “non-traditional” retirement plan investments, particularly digital assets and alternative investment components within defined contribution structures. For plan sponsors, advisers,… Continue Reading →

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 →

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 →

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