Ohio DOT Bypass Project

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For more than 50 years, Ohio Dept. of Transportation officials have been talking about bypassing Portsmouth, Ohio, the county seat of Scioto County. By entering into a public-private partnership and allowing the P3 to write new specifications and adopt innovations from highway projects around the U.S., the agency not only got construction moving, but also reduced the overall project delivery …

Top Five Surety Carriers Ranked by Net Premiums

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National Underwriter’s Top 100 and Heads of the Lines lists — the data for which is provided by S&P Global Market Intelligence — today offer a look at which P&C groups are premium leaders in 11 key lines: Private Auto, Commercial Auto, Commercial Multiperil; Inland Marine; Workers’ Compensation; Product Liability; Fire; Ocean Marine; Surety; D&O; and stand-alone Cybersecurity. Read more …

Case Highlights Courts’ Hesitance to Hold Contractors Liable for Design Flaws

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The legal doctrine of implied fitness of design warranty, recognized by the U.S. Supreme Court, provides that a contractor bound to build according to plans and specifications prepared by an owner will not be responsible for the consequences of defects in the plans and specifications. United States v. Spearin, 248 U.S. 132 (1918). Responsibility will remain with the owner, even …

California College District, Surety Negotiate Costs of L.A. Arts Center

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For decades, the gritty northeast San Fernando Valley has gone without movie theaters, playhouses, art galleries and production gizmos associated with high-tech Hollywood. No more. As builders put the final touches on a nearly $50 million Arts, Media and Performance center to open this fall at Los Angeles Mission College, administrators prepare to rock a cultural powerhouse designed for screen, …