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Contains 3 Component(s) Includes a Live Web Event on 05/14/2025 at 2:00 PM (EDT)
In this NASBP Virtual Seminar, Chad Schexnayder and Alana Porrazzo of Jennings Haug Keleher McLeod Waterfall LLP will take a deep dive into how a Chapter 11 bankruptcy can impact the surety’s collateral.
In this NASBP Virtual Seminar, Chad Schexnayder and Alana Porrazzo of Jennings Haug Keleher McLeod Waterfall LLP will take a deep dive into how a Chapter 11 bankruptcy can impact the surety’s collateral. They will discuss why timing matters when taking collateral pre-bankruptcy, practical strategies to protecting the surety’s collateral in bankruptcy, and some of key risks posed by bankruptcy sales and plans (and how to mitigate them).
• Types of collateral
• Indemnity agreements, collateral agreements, perfecting rights in collateral
• Timing matters
o Preference/indirect preference doctrines
• Surety credit/post-petition surety credit facility
• “Risk points”
o 363 Sales
o Plan Provisions
o Confirmation OrderAlana L. Porrazzo
Partner
Jennings Haug Keleher McLeod LLP
Alana L. Porrazzo is a partner in the Phoenix, Arizona office of Jennings Haug Keleher McLeod LLP and licensed to practice in the state and federal courts of Arizona, New Mexico, and Louisiana. She is a co-chair of the FSLC Law Division Bankruptcy Subcommittee and a member of the Arizona State Bar Association Construction Section Executive counsel. Ms. Porrazzo’s practice emphasizes defending bond claims and bad faith allegations, litigating performance defaults, prosecuting subrogation and indemnity claims, and representing sureties in principal and indemnitor bankruptcies. She studied at Yale University (B.A., 2009) and Tulane University School of Law (J.D., cum laude, 2016).
Chad L. Schexnayder
Partner
Jennings, Haug & Cunningham, LLP
CHAD L. SCHEXNAYDER is a partner in the Phoenix office of Jennings Haug Keleher McLeod, LLP. For more than 38 years, his practice has focused principally on the surety and construction industry, representing builders, public and private owners, design professionals, suppliers, sureties and insurers. He represents clients before agencies, mediators, arbitrators, and in state and federal courts, including U.S. bankruptcy courts, throughout the country. He is a Past Chair of the Fidelity and Surety Law Committee of the American Bar Association, Tort & Insurance Practice Section. Mr. Schexnayder is an editor and author in numerous industry publications, including Surety Aspects of Bankruptcy Law and Practice, American Bar Association (2021) (ed.), and Chapter 145 in the New Appleman on Insurance Law Library Edition. He has spoken before the American College of Construction Lawyers, Surety Claims Institute, American Bar Association, Pearlman Association, Mid-South Commercial Law Institute, National Association of Surety Bond Producers, West Coast Casualty Construction Defect Seminar, the Surety and Fidelity Association of America, and the Arizona State Bar Construction Law Section on bankruptcy, surety and construction law subjects. He is a cum laude graduate of Arizona State University Sandra Day O’Connor College of Law, and a cum laude graduate of Washington University at St. Louis.
See your success with Old Republic Surety. Success can come from a ferocious appetite to win. Strength helps too. Choose a surety partner with the character to win. We write bid bonds, performance & payment bonds and maintenance bonds in all 50 states. Responsive, Reliable, Respected - Old Republic Surety.
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Contains 3 Component(s) Includes a Live Web Event on 05/06/2025 at 2:00 PM (EDT)
Tariffs and immigration enforcement are at the forefront of the federal government’s agenda, and both can have a substantial impact on a contractor’s cost and time to perform its work.
Tariffs and immigration enforcement are at the forefront of the federal government’s agenda, and both can have a substantial impact on a contractor’s cost and time to perform its work. Join Tiffany Harrod for this NASBP Virtual Seminar that will cover contract terms and strategies to manage project risk, including escalation clauses, contingency planning, and strategic communication to help your contractor clients protect the bottom line.
Tiffany Harrod
Partner
Peckar & Abramson, P.C.
Tiffany Harrod is a partner at Peckar & Abramson's Houston and Austin offices. With over 14 years of experience, she focuses on construction and commercial litigation, representing clients in matters such as contract negotiations, lien and bond issues, defect claims, non-payment claims, alternative dispute resolution, and arbitrations. She is the Immediate Past Chair of the Houston Bar Association Construction Law Section and is active in the State Bar of Texas.
See your success with Old Republic Surety. Success can come from a ferocious appetite to win. Strength helps too. Choose a surety partner with the character to win. We write bid bonds, performance & payment bonds and maintenance bonds in all 50 states. Responsive, Reliable, Respected - Old Republic Surety.
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Contains 318 Product(s) 2 new product(s) added recently
Registration for the 2025 NASBP Virtual Seminar Annual Subscription is now open and available only for NASBP Members, Affiliates, and Associates. For just $999–that’s almost half of what you would pay if you purchased each of the nearly two dozen 2025 Virtual Seminars individually.
Registration for the 2025 NASBP Virtual Seminar Annual Subscription is now open and available only for NASBP Members, Affiliates, and Associates. For just $999–that’s almost half of what you would pay if you purchased each of the nearly two dozen 2025 Virtual Seminars individually.
Multi-Subscription Discount
NASBP also continues to offer a multi-subscription discount for subscribers from the same organization. This discount is available online for the enrolled member/location(s) of a NASBP Member and for participants from branch location(s) of an Affiliate member. For a Member or Affiliate to be eligible for a multi-subscription discount, one enrolled Member or Affiliate from the same organization must have already purchased the Virtual Seminar Annual Subscription at the $999 fee. Then, when another enrolled member/location of that same organization registers, they will be charged only the $259 multi-subscription discounted rate. If you are not seeing the discounted rate, please contact Professional Development at prodev@nasbp.org and request a multi-subscription discount registration code.
All NASBP Virtual Seminar Annual Subscribers will automatically:
- Be registered for all live Virtual Seminars held in 2025;
- have access to recordings of all Virtual Seminars held in 2025 and
- have access to the library of more than 300 past Virtual Seminars on-demand throughout the year!
Interested in registering 19-plus locations? Additional discounts are available. Please contact NASBP Professional Development at prodev@nasbp.org for more information.
Each purchased registration, regardless of rate, grants access to one computer login/phone connection per physical location.
NASBP Virtual Seminar Annual Subscriptions are non-refundable and cannot be pro-rated.
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Contains 135 Component(s) Recorded On: 04/01/2020
NASBP's goal with Let's Get Surety is to pull back the curtain and get industry leaders and experts to open up and give an insider look at the surety industry. We promise each episode will be an engaging listen for everyone, whether you are a surety professional, industry stakeholder or just interested in learning more about surety! Listeners will hear surety stories, legislative updates, unique approaches to current challenges facing the industry, as well as trends and tips. Join our host Kat Shamapande and fun co-hosts and guests as we bond over bonding and discuss the world of surety and how it affects and improves our everyday lives!
If you have ever gone to a school or a park, attended a large sporting event, rode on a bus, driven on a highway, bought imported goods, or sent a wire transfer, you have been protected by the surety product. Though many of us in the surety industry are in touch with this reality every day, it can often be something that those outside the surety industry or even some industry stakeholders don't always "get." That's why NASBP decided to launch, "Let's Get Surety!"
Our goal is to pull back the curtain and get industry leaders and experts to open up and give an insider look at the surety industry. We promise each episode will be an engaging listen for everyone, whether you are a surety professional, industry stakeholder or just interested in learning more about surety! Listeners will hear surety stories, legislative updates, unique approaches to current challenges facing the industry, as well as trends and tips. Join our host Kat Shamapande and fun co-hosts and guests as we bond over bonding and discuss the world of surety and how it affects and improves our everyday lives!
If you are interested in being a guest on the show or have a topic you want us to cover, drop us a line.
Find out more at https://letsgetsurety.org/!
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Contains 3 Component(s)
Using a case study method, this panel will discuss some of the unique underwriting, claims and other considerations which come up when a contractor in the United States is in discussions to be acquired by a company located outside the United States.
Using a case study method, this panel will discuss some of the unique underwriting, claims and other considerations which come up when a contractor in the United States is in discussions to be acquired by a company located outside the United States. In addition to considerations related specifically to the contractor, the panel will also discuss how the surety product in North America differs from how surety is conducted throughout the rest of the world. Also included will be some practice pointers to help prepare for success when dealing with international companies.
Michael Keller
Director, Home Office Underwriting
CNA Surety
Michael Keller currently holds the role of Home Office Underwriting Director at CNA Surety which entails handling both middle market clients on the West Coast and international reverse-flow surety clients across the Nation. After attending the University of Washington, he has spent the past 12 years in the construction and surety industry with most of that time spent with CNA. He currently resides in the greater Seattle area.
Edward J Reilly
Senior Vice President
American Global LLC
Ed is a Senior Vice President at American Global working with contractors both in the Greater New York region as well as firms with a national and global presence. Ed brings over 30 years of legal and surety underwriting expertise providing strategic surety solutions to contractors throughout North America.
Prior to joining American Global, Ed was a Senior Vice President and surety leader in Aon’s Construction Services Group. Ed began his surety carrier with Chubb and spent over 20 years in various surety underwriting and legal roles, most recently as their Vice President and Regional Surety Manager and prior to that as their Surety General Counsel. Ed has regularly presented on various construction and legal topics related to surety to industry organizations including the Associated General Contractors and the ABA Fidelity and Surety Law Committee .Ed is a Vice Chair of the American Bar Association Fidelity and Surety Law Committee.
Ed’s expertise includes surety and other forms of performance security on projects including significant experience with alternative project delivery methods including public private partnerships (P3) and other large Design-Build procurements. His client base is a mix of Regional, National and Global construction companies. Ed has been involved in providing surety solutions including P3 bonds with liquidity components on some of the largest P3 and Design Build RFP project procurements of the past decade in North America.
Megan Mazzeffi
Surety Counsel
RLI Insurance Corp.
Megan Mazzeffi is Surety Counsel at RLI Insurance Corp. She provides legal support to underwriting across all surety lines. Before joining RLI, Megan worked as Claims Counsel with Travelers and CNA where she managed complex surety performance and payment bond claims. Prior to moving in house, Megan practiced law in Chicago, focusing her practice on surety, construction and commercial litigation. Megan received her Juris Doctorate from University of Illinois, Chicago School of Law and her Bachelor of Arts in Spanish and Political Science from Purdue University.
Sam Barker
Director-AsiaPac, Global Risk Claims
Liberty Mutual
Sam is the Director-AsiaPac, Global Risk Claims at Liberty Mutual. He is a graduate of Stanford University (BA Economics) and Seattle University School of Law and has over 30 years of experience in commercial and surety law. His current role with Liberty focuses on the administration and review of domestic an reverse flow claims for large international accounts, specifically for the Asia Pacific region, including Australia, Singapore and Hong Kong. In his spare time he can be found performing on stage, traveling or flailing on a golf course, weather permitting.
See your success with Old Republic Surety. Success can come from a ferocious appetite to win. Strength helps too. Choose a surety partner with the character to win. We write bid bonds, performance & payment bonds and maintenance bonds in all 50 states. Responsive, Reliable, Respected - Old Republic Surety.
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Contains 7 Component(s)
The NASBP Make Surety a Career Program Curriculum packet for College/University Faculty
The NASBP Make Surety a Career Program curriculum packet for College/University Faculty was designed by NASBP with Professor Kurt Krogull, Director of the Jack Lockton Certificate in Insurance and Risk Management at the University of Kansas School of Business. It includes materials on surety bonding designed to be included in collegiate insurance and business classes. Once a professor signs up for the curriculum packet, they also gain access to all of NASBP’s member resources on surety! The curriculum packet includes:
o Make Surety a Career flyer.
o Introduction to Surety slide presentation.
o Contractor financial statements and surety case study template.
o Online request for surety professionals as guest speakers for your class.
o Quiz question bank.
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Contains 3 Component(s)
It is no secret that many owners of companies within the construction industry face an unclear future as it relates to succession planning.
It is no secret that many owners of companies within the construction industry face an unclear future as it relates to succession planning. With nearly 1,000 active Employee Stock Ownership Plans (ESOPs) within the construction industry – and more than 70 ESOPs formed within the industry just in the most recent year – there is a demonstrated history of long-term success of construction companies when employee ownership is implemented in contractors of all shapes and sizes. Join us for a discussion of the key factors a surety, an important stakeholder, should prioritize when a principal contemplates selling to an ESOP.
Patrice Radogna
Managing Director
CBIZ
Patrice is a managing director at CBIZ, co-leads CBIZ’s national ESOP practice and sits on CBIZ’s Fairness Opinion Committee. Patrice specializes in advising shareholders of middle-market companies on mergers and acquisitions (M&A), employee stock ownership plan (ESOP) transactions, fairness opinions and other consulting advisory services. In addition, Patrice has been instrumental in leading per previous firm’s (Marcum LLP) national ESOP practice. Patrice is on the Valuation Advisory Committee for the ESOP Association, speaks on various topics at national ESOP conferences and regularly publishes for both internal company-wide ESOP newsletters and outside publications. Patrice also started her career working with construction companies as a surety underwriter in New York City.
Wilson Denari
Manager
CBIZ
Wilson Denari is a Manager in the Valuation group. He has performed valuations of business interests for a variety of purposes including, but not limited to, employee stock ownership plans, gift & estate tax, mergers and acquisitions, shareholder buy-sell agreements, and healthcare transactions. Wilson primarily specializes in completing valuations for buy and sell-side ESOP transactions as well as annual valuation updates to ESOP trustees with existing ESOP clients.
Prior to his current role, Mr. Denari performed valuations for the purposes listed above, in addition to financial due diligence services for buy and sell-side third party transactions, at a regional accounting and advisory firm located in Indianapolis, Indiana. Prior to appraising privately held businesses, Wilson served as an investment accounting supervisor for a global provider of investment processing, management, and operations solutions in Indianapolis. He also has experience providing assurance services in the financial services sector for a Big Four accounting firm in Indianapolis.
Mr. Denari’s industry experience includes transportation services, professional services, construction, manufacturing, distribution, machinery/equipment repair and maintenance, market research services, and energy solutions providers.
See your success with Old Republic Surety. Success can come from a ferocious appetite to win. Strength helps too. Choose a surety partner with the character to win. We write bid bonds, performance & payment bonds and maintenance bonds in all 50 states. Responsive, Reliable, Respected - Old Republic Surety.
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Contains 6 Component(s)
A Resource Kit to Promote the Benefits of Bonding to Public Entities
Public Bonding Kit
A Resource Kit to Promote the Benefits of Bonding to Public Entities
Under the aegis of the NASBP Commercial Bonding Committee, this tool kit has been created to help surety professionals explain the function and necessity of bonding to local, or state employees, elected officials, and any other person responsible for spending taxpayer dollars on behalf of the public. It is our goal to assist clients and potential obligees in making wise decisions about bonding projects where taxpayer money is involved. Items in the resource kit:
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Contains 3 Component(s)
In this session Ben Wright will discuss the outlook for the construction and commercial sectors, identifying growth opportunities in 2025.
During this NASBP Virtual Seminar, we are joined by Ben Wright who represents The Hartford’s Global Insights Center, an internal think tank that covers economics and geopolitics. In this session he will discuss the outlook for the construction and commercial sectors, identifying growth opportunities in 2025. He will also cover the macroeconomic, sectoral, and geopolitical risks that every surety professional needs to know.
Ben Wright
Principal U.S. Economist
The Hartford
Ben is a Principal U.S. Economist with the Hartford’s Global Insights Center, where he focuses on macroeconomic and sectoral trends.
He covers topics that shape the business landscape, including inflation, the job market, interest rates, and construction activity.
Ben has almost two decades of professional experience across the corporate, consulting, and government sectors.
Before joining The Hartford, Ben was an economist at Visa where he covered trends in consumer spending, interest rates, and the credit card and banking sectors. He advised board members and executives and was a frequent speaker at client events.
Ben also held positions at the Bureau of Labor Statistics where he focused on long-term job market forecasting, and at a boutique consulting firm that analyzed the California economy.
See your success with Old Republic Surety. Success can come from a ferocious appetite to win. Strength helps too. Choose a surety partner with the character to win. We write bid bonds, performance & payment bonds and maintenance bonds in all 50 states. Responsive, Reliable, Respected - Old Republic Surety.
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Contains 11 Component(s)
Have you ever considered a career in surety? The National Association of Surety Bond Producers (NASBP) created this free online course as a resource for undergraduate students to learn about the surety industry and surety careers as professional bond producers and surety underwriters.
Have you ever considered a career in surety? The National Association of Surety Bond Producers (NASBP) created this free online course as a resource for undergraduate business students to learn about the surety industry and surety careers as professional bond producers and surety underwriters. Students who complete the online course and wish to consider employment opportunities in the surety industry have the option of requesting internship experiences with bonding agencies and with surety companies after course completion.
#MakeSuretyACareer
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