Surety Market Enjoying the Sunshine

Surety insurance market sees record profits due to infrastructure projects. Legislative funding boosts demand, maintaining stable pricing, profit margins at 45.6 percent. Challenges ahead post- IIJA expiration in 2026. Construction costs, labor shortages, underwriting standards pose threats....

Surety insurance market sees record profits due to infrastructure projects. Legislative funding boosts demand, maintaining stable pricing, profit margins at 45.6 percent. Challenges ahead post- IIJA expiration in 2026. Construction costs, labor shortages, underwriting standards pose threats....