by Kent Holland | Feb 9, 2011 | Newsletter Article
What a difference 12 months make! In the late spring of 2000, the news was the continued profitability of the surety business with expectations that, as long as the construction economy continued to grow, conditions in the surety market would continue to be favorable...
by Kent Holland | Feb 9, 2011 | Newsletter Article
Introduction A year ago, we predicted price increases for 2001 as carriers sought to improve underwriting results. What we didn’t anticipate was the significant reduction of investment income for the industry. Through nine months of 2001, net investment income...
by Kent Holland | Feb 9, 2011 | Newsletter Article
A painter that suffered serious injury on a U.S. Navy construction project was not entitled to recover against the government for alleged failure to supervise the work of an independent contractor, where the government fulfilled any duty it might have had to supervise...
by Kent Holland | Feb 9, 2011 | Newsletter Article
A masonry subcontractor was not bound by its bid to the general contractor, despite the general contractor’s reliance upon it, since the subcontractor reasonably objected to terms and conditions of the written subcontract which it refused to sign. What was...
by Kent Holland | Feb 9, 2011 | Newsletter Article
The Owner’s approval of a shop drawing submittal that deviates from specification requirements does not relieve the contractor where the contractor failed to notify the owner in writing of the variations from the specifications and obtain approval from the...
by Kent Holland | Feb 9, 2011 | Newsletter Article
Owner had no duty to make prompt payment to its construction contractor even though the architect’s refusal to certify final payment was based on an incorrect understanding of the specifications of the construction contract. The “topsoil”...
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