“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 →
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 →
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 →
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 →
The Pipeline Crisis of Talent in Insurance: Why Underwriting and Claims Expertise Will Decide Market Winners and Losers The London specialty market is not subtle about what it sees coming. In its February 5th, 2026 market update, the London Market… Continue Reading →
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 →
Surety Bonds in Public Construction The importance of surety bonds in public construction work is a cornerstone of modern infrastructure development, serving as an indispensable risk management tool that safeguards public funds and guarantees project delivery. In an era of… Continue Reading →
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 →
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 →
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 →
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 →
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 →
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