Surety Liability Under the False Claims Act

Deborah K. Vick

The federal Miller Act needs govt development contracts around $100,000 to be bonded. This method involves insurance policies companies, known as “sureties,” who concern payment or performance bonds to contractors, who in change furnish the necessary bonds to the federal authorities. The bonds assurance that the contractor will comply with […]

Professional Liability Insurance Explained

Deborah K. Vick

Expert liability insurance policies offers contractors protection from monetary losses that happen as a end result of their mistakes, mistakes, or carelessness. In contrast to general legal responsibility insurance coverage — which guards contractors when their operate leads to bodily harm or home injury — expert legal responsibility features protection […]