Energy, litigation and commercial real estate are driving growth in commercial surety.
Increasing interest rates for competing letters of credit and ease of access are combining to drive strong growth in the commercial surety business. More carriers and plenty of capacity are also fueling growth, experts said.
According to the Surety & Fidelity Association of America, in 2017, direct premiums written in surety increased from $5.9 billion to $6.2 billion, the fifth straight year of a steady…
