Surety capacity was increasing at the start of 2012, says Marsh Inc., the big brokerage.
Driven by new and expanded surety underwriting firms, new underwriting approaches and increased limits from existing sureties, the trend could mean that obtaining surety bonds actually becomes easier this year. Among the companies that have entered, re-entered or are expanding their work in contract surety are XL, Arch and Berkley Surety Group.