Gerard Leib, Author at American Global /author/gerard-leib/ Mon, 03 Jun 2024 15:25:04 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 /wp-content/uploads/2024/03/Fev-Icon.jpg Gerard Leib, Author at American Global /author/gerard-leib/ 32 32 IRMI Feature Article Surety Outlook Underwriting Changes In Wip /2023/05/irmi-feature-article-surety-outlook-underwriting-changes-in-wip/ Fri, 19 May 2023 04:00:00 +0000 /2023/05/irmi-feature-article-surety-outlook-underwriting-changes-in-wip/ Inflationary pressures and increasing labor costs have caused key central banks to take action, creating the swiftest rise in interest rates in decades, which opens up a real potential for…

The post IRMI Feature Article Surety Outlook Underwriting Changes In Wip appeared first on American Global.

]]> Inflationary pressures and increasing labor costs have caused key central banks to take action, creating the swiftest rise in interest rates in decades, which opens up a real potential for a recession in 2023. For our industry, the next logical question becomes, 鈥淲hat impacts will this have on the construction community, and specifically, how will sureties react when it comes to underwriting new (and even existing) clients?鈥 Be sure to read Gerard Leib鈥檚 informative outlook on the current surety market and related underwriting changes re: work-in-progress (WIP), now available on IRMI鈥檚 website.

The post IRMI Feature Article Surety Outlook Underwriting Changes In Wip appeared first on American Global.

]]>