Let's Get Surety

On this episode we are joined by Todd Regan, a Partner at Gordon Rees Scully Mansukhani, LLP and participant on NASBP's Attorney Advisory Council, to discuss recent case law in which the court held that, if the obligee does not default the subcontractor, then the obligee cannot recover under the bond. We talk through the Arch Insurance Co. v. Graphic Builders case and discuss how the court's rulin...

On this episode, we are joined by attorney and former construction company executive Bill Ernstrom, of Ernstrom ADR, to discuss elements of risk management and the critical importance of reading and understanding the construction contract. Bill remarks on the surprising revelation that often construction contracts are not read by parties and on why it is so important to both read and continue to r...

On this episode, we are joined by Mark Munekawa, Senior Vice President of Surety at Woodruff Sawyer, and the NASBP Immediate Past President, for a conversation on SPACs or Special Purpose Acquisition Companies. During our conversation, Mark outlines what SPACs are, describes why SPACs are a growing trend and explains why it is important for surety industry professionals to understand them. Hosted...

On this episode, Todd R. Braggins of Ernstrom & Dreste, LLP joins us to share information about the decision by the surety to finance a defaulting principal. Todd highlights specific red flags that might come into play and discusses important steps to follow as the decision to finance is considered. Todd also describes the important role bond producers can play to make this a better situation for...

NASBP is excited to continue the 2021 series of Let's Get Surety episodes focusing on guests and topics selected by the NASBP 5-15 Leadership Committee. This special series is titled Lean into Leadership: Talking Surety with the 5-15 and focuses on current issues and challenges that members of the 5-15 Leadership Committee face as young producers in the industry. In this episode, we are joined by...

On this episode, Zach Mendelson of EPIC Brokers and Mike Specht of INSURICA Southwest join us to share information about NASBP Be Guaranteed to Succeed Campaign, specifically the new Producer Communications Toolkit 2.0 that is designed to help bond producers have a conversation about and describe the value of the surety product. They discuss how they have used the Toolkit's many resources to succe...

On this episode, we are joined by NASBP President Tracy Tucker of Tucker Agency, who shares information on his background and his agency and his personal insights as an experienced surety bonding professional and leader. Tracy also relates stories regarding his journey into a surety career and into NASBP membership and discloses the reasons behind his presidential theme, "Better Together." Hear Tu...

On this episode, we are joined by Steven D. Ness, President, Surety Association of Canada and Sheila Thompson, President, Rosenberg & Parker of Canada, Inc. and Chair of the NASBP International Committee who will be sharing their insights on digital bonding. We discuss what a digital bond is and is not, the benefits to digital bonds and the process of moving to digital bonds. You can find more inf...

On this episode, we are joined by Martha Perkins on the NASBP team and Greg Horne of Liberty Mutual Surety who will be talking about the significance of the False Claims Act to construction firms and to surety firms. We discuss the history of the False Claims Act and why it's important for contractors, subcontractors, surety, and producers to be well informed on this issue. We also discuss the imp...

On this episode, we are joined by Adam Pessin and Kaz Yasui of Tokio Marine HCC – Surety Group to discuss electronic signature. We talk through e-signature options and what makes this a safe and reliable option. They also share reasons Tokio Marine HCC adopted e-signature, how they are using DocuSign e-signature Knowledge-Based Authentication (KBA) technology, as well as other innovations and deve...

NASBP is excited to announce a new 2021 series of episodes focusing on guests and topics selected by the NASBP 5-15 Leadership Committee. This special series is titled Lean into Leadership: Talking Surety with the 5-15 and focuses on current issues and challenges that members of the 5-15 Leadership Committee face as young producers in the industry. On this first episode in the series, we are joine...

On this episode, Darrel Lamb, Regional Vice President with Old Republic Surety, joins us to discuss subcontract bonds. We discuss how subcontract bonds can help manage subcontracting in instances where the work is unique, when work contains upward design risks, when a subcontractor is unfamiliar, and when the capacity of the general contractor needs to be expanded. Take a look at Darrel's NASBP Pi...

On this episode, Larry LeClair, Director of Government Relations at NASBP and Dalton DeFendis, Director of Federal Affairs at SFAA, join us to discuss the importance of participating in the Joint NASBP and SFAA Virtual Legislative Fly-In coming up on March 25th. We discuss the importance of meeting with your elected officials and their staff to advocate for the surety industry, outline the virtual...

On this episode, Neen James, leadership expert, author of Attention Pays™ and upcoming NASBP Virtual Seminar presenter, joins us to share some great tips on how to leverage your focus and pay attention to what matters most at work and in life. With a strong background in learning and development and managing large teams at various corporations, Neen discusses the importance of implementable strate...

On this episode, Greg Davenport, Senior Vice President, Global Risks, Liberty Mutual Surety, joins us to discuss blockchain technology and its potential application within the surety industry. We discuss what is meant by the term "blockchain technology" and its relevance for surety transactions and how ICISA and the RiskStream Collaborative are invested in leading exploration of the application of...

On this episode, Jack Callahan CPA, Partner – Construction Industry Leader at CohnReznick joins us for an update on the latest round of Covid-19 relief and what it means for the first and second rounds of the Paycheck Protection Program (PPP). Jack examines tax treatment highlights and where PPP loan debt will appear on contractors' financial statements. As well as diving into similarities and dif...

On this episode, we are joined by Michael Pitre of Gray Surety to discuss electronic signature. We talk through e-signature options, the best practices, and what makes this a safe and reliable option. Michael also shares the reasons his surety company embraced this innovation as well as other innovations that might be on the horizon. Hosted by: Kat Shamapande, Director, Professional Development, N...

On this episode Jason Terrell of The Institutes, NASBP Past President Larry McMahon of Alliant Insurance Services, and Ralph Pulver of Travelers join us to share some background and insights on The Institutes AFSB designation and to discuss the value it has had on their careers. Check out the links below for more information on The Institutes , the AFSB designation , the CPCU designation , and NAS...

I am sure many of us have seen disputes arise at the end of a project between subcontractors and general contractors regarding offsets. On this episode we will be talking through what offsets are and limiting the right of offsets. To chat about this with us today we have Lauren McLaughlin a Partner and Raziye Andican an Associate both with the firm of Smith Currie. You can also find more informati...

On this episode, Lawrence LeClair the Director of Government Relations at NASBP, and Michael Oscar the Director of Government Relations at the American Subcontractors Association (ASA) joins us to discuss the Construction Industry Procurement Coalition (CIPC). We discuss the importance of coalitions, the founding of CIPC, its successes and future legislative, regulatory and congressional matters....

On this episode, Lawrence LeClair the Director of Government Relations at NASBP and Ed Mortimer the Vice President of Transportation and Infrastructure at the U.S. Chamber of Commerce joins us to discuss the U.S. Chamber's response to America's infrastructure challenges. We discuss the importance of investing in American's roads, bridges, mass transit systems, air and sea ports, and water infrastr...

On this episode, Dr. Will Miller , keynote presenter at NASBPS' November 2020 Virtual Event , joins us to share some great tips on coping with stress during the pandemic crisis and gives us a preview of the valuable information we can look forward to hearing more about more in-depth on the NASBP 2020 November Virtual Event: Managing Stress and What's Next. Don't forget to register now and remember...

On this episode, Mark R. Berry a Partner at Peckar & Abramson, joins us to take a look at "wage theft" laws that have gone into effect and what they mean for contractors, subcontractors, and subcontract bonds. We discuss why this trend has arisen now, the good-faith exception included in some states law, attorney fees provisions and steps contractors can take to mitigate risks. Hosted By: Kat Sham...

On this episode, Brian Dahlke, Vice President & Co-Director of Crum & Forster's Commercial Business Unit, joins us to take a look at the Commercial Surety Market and how that's been impacted by COVID-19. We take a look at the economy, the impact of the stimulus packages, the difference in the effect on small business and larger accounts, thoughts on how to weather this storm, and a look at where t...

On this episode, David Dolnick, Founder, CEO, & Principal Consultant with Dolnick Rick Advisors, joins us to take a look at managing risks in this rapidly changing insurance market and how that's been impacted by COVID-19. We take a look at where the insurance market is now, where property and casualty rates are and how they are changing. We also take time to walk through tips to share with your c...