Article Date: 08/28/2006

BONDING AGENT NOT OBLIGATED TO TELL SURETY OF CONTRACTOR'S CLAIM HISTORY

Supreme Court of Nebraska

National American Insurance Co. v. Constructors Bonding Co.

No. S-05-251
August 11, 2006

Overview

The Nebraska Supreme Court has ruled that a bonding agent had no obligation to inform a surety of prior claims against a bonded contractor. The agent functioned as an intermediary on behalf of contractors. The surety performed its own independent ... Log in to view the full text.

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