Search found 6 matches

by bondguy
Tue Jan 15, 2008 11:35 am
Forum: Hard-to-Place Accounts
Topic: Continous Performace Bond - ESOP, no personal ind.
Replies: 2
Views: 3000

You MIGHT find a surety willing to CONSIDER that with 100% collateral, but not likely.
by bondguy
Tue Jan 15, 2008 11:32 am
Forum: Opinions
Topic: What's a job with a Surety company like?
Replies: 2
Views: 2434

I find that most underwriters I work with enjoy their work. However, I must say that underwriters do seem to switch from surety to surety quite freely. It is rare to find an underwriter that has been with one surety their entire career. There are several underwriters that post regularly at the Suret...
by bondguy
Tue Jan 15, 2008 11:28 am
Forum: Hard-to-Place Accounts
Topic: Builders risk-Dwelling-Or bond for builder w/ Bad credit :?:
Replies: 4
Views: 4299

There are a couple of bonding companies that are still willing to write site improvement bonds even with bad credit. Try giving JD a call at 888-JWBOND-1. He specializes in subdivision/site improvement bonds.
by bondguy
Tue Jan 15, 2008 11:26 am
Forum: Hard-to-Place Accounts
Topic: Need a CA based/licensed surety for Service Contractors
Replies: 6
Views: 51075

Service contracts can be tricky. Most sureties aren't going to want much to do with it. You may want to consider brokering this one out to a bond only agency that knows their markets....or check out the Surety Bond forums to see if any underwriters can guide you.
by bondguy
Tue Jan 15, 2008 11:23 am
Forum: Hard-to-Place Accounts
Topic: Construction bonds in CA
Replies: 9
Views: 50932

I'm going with Risky Steve on this one. Bond brokers/agents can make quite a bit of money in the construction field. I am one of two owners of a surety bond only agency. We have considered venturing into insurance, but decided it was too competitive (and we don't know enough about it!) to be profit...
by bondguy
Tue Jan 15, 2008 11:15 am
Forum: Opinions
Topic: Surety Bonds Market
Replies: 4
Views: 3657

Most bond only agencies will be able to place a $9MM bond. However, most principals do not qualify for that amount of surety credit. You can speak to some underwriters directly at http://www.suretyforums.org if you'd like, but your best bet is to find a surety only agency as recommended above.[/url]