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For any business that needs surety bonds, it is wise to find an experienced surety broker to help you navigate the industry and find the right surety company to partner with. When you enter into a surety bond relationship, you are essentially entering into two important relationships, one with your…

A surety bond is nothing more than a third-party guarantee of an obligation between two other parties. The majority of surety bonds guarantee performance of a contract and/or payment of monies legally owed to others. Sounds pretty simple, right? Well, not really. When we are asking a surety company to…

Ohio Senate Bill 49, also known as the Payment Assurance Bill, was signed into law July 12, 2021, and took effect on Oct. 4, 2021. It established a payment assurance program for registered Design Professionals thus allowing them to file a lien for unpaid fees on projects located within Ohio.…

SAN DIEGO – Nov. 23, 2021 – Tim Walsh, Senior Vice President, Director of Oswald’s Design and Construction Practice, was honored at the 2021 IRMI Construction Risk Conference (CRC) on Wednesday, Nov. 10, 2021, in San Diego, California. Walsh, a frequent speaker and writer on the topics of construction risk…

The Covid-19 pandemic will likely be one of the costliest catastrophes the construction industry has ever faced. As a leading national practice in construction, Oswald has experienced the following firsthand: increases in material costs, workforce management and electronic bonding. Here are some lessons learned. Three Steps to Fight Inflation in the…

WATCH FULL WEBCAST Large-scale cyber-attacks continue to take down businesses large and small. What are you doing to protect and manage the cybersecurity risk exposure of your business in the event of a cyber-attack in accordance with new government guidelines? During this free, 45-minute webinar, cyber professionals from Rea &…

As concerns mount over the possibility of a second wave of COVID-19, design professionals should be giving consideration on how to provide contract administration services virtually. While many firms are working remotely, most construction sites are active, and you should be prepared to conduct site observations and payment certification duties…

Oswald Companies, Marcum, Frantz Ward, Hahn Loeser and the Construction Employers Association (CEA) partnered to host a webinar on “What Contractors Should Know”, March 25, 2020, in response to the COVID-19 pandemic. Topics covered include: Business continuity Employer responsibilities and considerations Insurance considerations Construction contract implications Tim Walsh, SVP, Director…

It looked like a routine, harmless email from the organization’s IT consultant reminding employees to change their computer passwords to safeguard against hackers; a fairly standard procedure for companies looking to protect their data and computer systems from an attack with cyber insurance. The problem was the email wasn’t from…

Join Oswald Companies and Ulmer attorneys in Cincinnati on Wednesday, May 8 from 4:00 p.m. – 6:30 p.m., for an afternoon discussion on professional liability risk management strategies for architects, engineers, and others in the design and construction industry followed by a networking reception with cocktails and hors d’oeuvres. Learn…