This presentation will provide an overview of recent surety industry results, common characteristics of claims and challenges facing the industry. Also presented will be tips to prepare for a potential recession and the top five things are contractor can do to improve its surety relationship. In addtion you will also learn about recent changes in revenue recognition standards and the impact it may have on your business.
Join us and learn about…
• Surety Industry Results
• Current Claim Characteristics
• Challenges Facing the Surety Industry
• Performance Obligations
• Combining of Contracts
• Accounting for Contract Modifications
PRESENTED BY:
Bill Healy, Underwriting Director, Travelers
Richard Brandon, CPA, Senior Audit Manager, BFBA, LLP
