SmartBrief

NASBP SmartBrief

NASBP SmartBrief, NASBP’s new FREE weekly e-newsletter that brings the news that matters to surety professionals. It is one more way NASBP helps members, affiliates and associates stay informed on news, people, markets, and policies impacting the surety product and the surety industry. NASBP SmartBrief is FREE, but recipients must sign up to continue receiving it. You can unsubscribe at any time. So be sure to sign-up for NASBP’s newest FREE resource to save time and keep informed.

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N.J. township removes performance-bond requirement for contracts below $26,000

Officials in Mount Olive Township, N.J., have raised the minimum value of contracts that require a competitive bid to $26,000 -More

Canadian courts rule bonds tendered must be compliant by bid closing

Court rulings in Canada have found that a bidder must submit tender that is compliant when bidding closes to be awarded a con -More

Rating company downgrades surety over uncertainties and expected financial deterioration

An insurance-rating company has downgraded a surety for expected financial decline as well as "uncertainty" around its schedu -More

Report: Agents' contingent commissions will increase amid firming market

Contingent commissions in 2012 are expected to increase 12% over 2011 amounts, according to a consulting firm's report.  -More

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