SBA Audits and the Evolving Risk of Bonding Set-Aside Contractors
The SBA’s recent audit of federal set-aside contractors signals heightened scrutiny and evolving legal risk for sureties and agents. This article examines why the audits are happening, how False Claims Act exposure has developed through recent case law, and what ownership and control red flags sureties and agents should watch for to help mitigate potential liability.
Why a Career in Surety Might Be Your Next Big Move
Discover how skills from mortgage underwriting, finance, or construction translate seamlessly into a rewarding career in Surety. Learn why this growing field values analytical strength, real-world project insight, and strong relationship-building—and explore open Surety roles at IAT Insurance Group.
Pathway to a Surety Career
The surety industry offers a stable and rewarding career path with strong job security and growth opportunities. With nearly half of the insurance and surety workforce set to retire in the next 15 years, there’s a rising demand for new talent. Surety underwriting combines finance, law, and relationship management, making it an engaging and dynamic field. Learn what surety is, why it’s a great career choice, and how to get started in this evolving industry.
Builder’s Risk: Controlling Potential Risk
Property insurance offers protection for a building once it's operational. A builder's risk policy insures against physical loss or damage to a building during construction.
The Chain Reaction of Cybercrime in the Construction Industry
For many years, the construction industry has avoided the cyberthreat spotlight because of the appeal of other industries and large companies storing larger volumes of sensitive and therefore lucrative data. But this lack of attention from bad actors may be lulling some construction companies into a false sense of safety.