NASBP Virtual Seminars provide need-to-know information from leaders in the surety industry approximately twice a month throughout the year. With NASBP Virtual Seminars, you will enjoy:
- Learning at your fingertips — education brought to you at your computer or mobile device or login as a group and share the information with colleagues and/or clients - all for one low price per location/ login.
- Interactive platform with Q&A features allowing you to connect with speakers and part of the conversation during the live webinar.
- Access to the on-demand recording for 1 year and much more.
Registration for individual Virtual Seminars- $89 for members or $179 for non-members*.
Upcoming Live Virtual Seminars
Virtual Seminar Recordings Library
Search This List
Search This List
Construction Industry Dispute Resolution and Avoidance Tools – and the Implications for Bond Principals, Producers and UnderwritersContains 3 Component(s)
This NASBP Virtual Seminar will provide an overview of construction industry dispute resolution and avoidance tools. Presenter Steve Nelson, will dive into some of the trends and improvements in the traditional dispute resolution processes, such as step negotiation, litigation, arbitration, and mediation. As well as take a look at some of the lesser known tools like Dispute Review Boards, and the increasingly popular use of Standing Neutrals and Neutral Evaluators, with comments on how the use of these tools might change the risk profile of a project and bond underwriting requirements for those projects. In short, we will take a look at what works, what doesn’t, what’s new, and what’s trending in this arena and what that means for bond principals, producers and underwriters.
The SBA Today: It's Not Your Grandfather's Bond Guarantee ProgramContains 3 Component(s)
The U.S. Small Business Administration's Surety Bond Guarantee Program (SBG) is vastly different today from the one that began in 1971. Until a decade ago users found the SBG Program to be paper intensive, time consuming, and sometimes frustrating. Today the SBG Program is fast, simple, and streamlined with a paperless, web-based application process that requires only two or three forms beyond the typical surety underwriting package and provides approvals in time frames from just a few hours to less than two days.
Best Practices for Documenting Claims and Avoiding RiskContains 3 Component(s)
S. Gregory Joy, a partner in the Washington, D.C. and Atlanta offices of Smith, Currie & Hancock, will explain how contractors can document claims and avoid risk. Joy has helped contractors to obtain or maintain federal, state and local contracts through bid protests and Small Business Administration size protests. In addition, Joy has successfully defended contractors whose accepted bids for contracts have been challenged.
Risk Management of Working in New MarketsContains 3 Component(s)
When contractors leave home to follow their customers to new areas or look to pursue public work in new geographical locations, the risks can outweigh the opportunities. To ensure a project’s success, it’s critical to take the time to investigate all potential issues that could affect the decision to work away from home.
The Surety’s Salvage Rights Against the Principal, Indemnitors and Third Parties: What Do Bond Producers Need to Know?Contains 3 Component(s)
This seminar will explore the surety’s key rights under the industry-standard General Agreement of Indemnity (GAI), as well as the surety’s well-established common law rights, focusing on what bond producers need to know in order to guide their clients through the process. The seminar will include, among other things, a discussion of the execution of indemnity agreements by the bond principal and additional indemnitors; the requirement of personal guaranties from the contractor/bond principal; the posting of security by the contractor / bond principal; events triggering the surety’s rights to indemnity; the scope of the surety’s rights to indemnity; how to work with the surety in a claims situation; the surety’s rights to collateral security and the GAI’s so-called collateral security clause; the surety’s rights under the prima facie evidence clause; the surety’s rights of equitable subrogation; the surety’s duty to investigate claims; the surety’s right to settle claims; and the standards of good faith governing a surety’s actions.
Killer Construction Contract Clauses Redux: Bond Producers Beware!Contains 3 Component(s)
Join Marilyn Klinger, managing partner of the Los Angeles, CA office of the law firm SMTD Law LLP, as she examines a variety of onerous construction contract clauses, both in prime contracts and subcontracts. Klinger will explain why these clauses are problematic from a variety of perspectives and identify alternatives that can help solve the issues these clauses attempt to address. Attendees will have the opportunity to submit questions and have them answered during the Virtual Seminar. SMTD Law LLP is a boutique law firm concentrating in construction, surety and business litigation with offices in California and Arizona.
Growing A Credible, Powerful Personal Brand OnlineContains 3 Component(s) Recorded On: 11/14/2018
People are searching for you online – to assess your credibility, learn about your background, or even just out of curiosity. Over 90% of business professionals have searched for people online and people use your online profile to make judgments about you. In this day and age you can’t afford to have a personal brand that doesn’t establish your credibility and support you in the sales process. In the relationship-driven world of surety bonding, surety professionals can benefit from an understanding of their brand and what it conveys.
Growing A Credible, Powerful Personal Brand OnlineContains 3 Component(s)
People are searching for you online – to assess your credibility, learn about your background, or even just out of curiosity. Over 90% of business professionals have searched for people online and people use your online profile to make judgements about you. In this day and age you can’t afford to have a personal brand that doesn’t establish your credibility and support you in the sales process. In the relationship-driven world of surety bonding, surety professionals can benefit from an understanding of their brand and what it conveys.
Building a Strong Foundation on Tax Reform – Impact on the Construction IndustryContains 3 Component(s)
Join CPAs and construction industry professionals Jason Grosh and Mark Wilkerson from BKD as they discuss the nuances of the Tax Cuts and Jobs Act (TCJA) and how it may impact construction firms. Understanding the tax reform’s impact on contractors is integral information for all surety professionals in the construction space.
Bonding Set-Aside Contractors: What You Should Know About Potential False Claims Act LiabilityContains 3 Component(s)
This hot-topic seminar will include a discussion of set-aside requirements under federal contracts and programs that assist set-aside contractors in obtaining surety credit. The presenter will review recent case law that potentially exposes bond producers and sureties to liability under the False Claims Act and to treble damages on account of information available to producers and underwriters.
The Top 5 Construction Risk Transfer Challenges and Solutions: That Every Surety Professional and Their Clients Should KnowContains 3 Component(s) Recorded On: 09/12/2018
This webinar will focus on the top 5 construction risk transfer challenges and solutions. Those challenges include anti-indemnity/insurance statutes, additional insured form limitations, horizontal exhaustion, construction defect as an occurrence, and certain problematic endorsements. Risk transfer is changing, and it is important for surety professionals to be aware of the many risk transfer challenges they face and to, more importantly, to be aware of the solutions.
Tribal Sovereign Immunity: What Surety Professionals Need To Know When Working With Native American Tribal Governments and Business EntitiesContains 3 Component(s) Recorded On: 08/22/2018
Projects with Native American tribal governments as owners are growing larger and more complex. Native American business entities are expanding and their need for surety bonds is increasing. Because of this, it is important for the surety professional to understand the concept of tribal sovereign immunity and how it impacts relationships with tribal entities as project owners and as bond principals. A understanding of the issues of sovereign immunity waivers and dispute resolution is essential to ensuring non-tribal customers have recourse in the event of a dispute with a tribal owner and sureties can obtain effect indemnity agreements from tribal indemnitors. This presentation will review the current state of the law surrounding sovereign immunity and give practical tips for obtaining valid waivers of sovereign immunity when needed, understanding the impact of choice of law and venue, and analyzing key contract terms.
The World of Court Bonds and Notary Bonds: A Guide for Underwriters and ProducersContains 3 Component(s)
While most surety bonding professionals have come into contact with Court Bonds or Notary Bonds, some may not understand why these bonds are required, and who they protect. This Virtual Seminar, presented by Jeff Frank and Omar Harb of Alber Frank, PC, will highlight the procedures for obtaining and filing these bonds. The presenters will also discuss the differences in the various Court Bonds and some underwriting and claims considerations. Finally, the presenters will provide an overview of the Notary Bond process – from the issuance of the bonds to claims procedures, including a discussion of what parties have standing to pursue claims on notary bonds and the duties of a notary.
Shedding Light on Surety in the World of Solar PowerContains 3 Component(s)
Solar contractors are very good at installing and operating photovoltaic systems but are often in the dark when it comes to understanding the surety bonds they are required to have for their projects. This NASBP Virtual Seminar covers the nuances and idiosyncrasies of surety bonds in the solar power space. Participants will learn how to help a client or prospect understand their own bonding needs.
Improving Contractors’ Bottom Line: Job Cost and Overhead, Old and New RulesContains 3 Component(s)
This NASBP Virtual Seminar will examine the accounting standards treatment for direct and indirect job costs that contractors face, including changes under the new revenue recognition rules. Surety professionals and contractors alike will have the opportunity to take a closer look at what should be seen on financial statements, and how paying careful attention to this can help contractors improve their bottom line!
Succession Planning: A Deep Dive into Buy-Sell AgreementsContains 3 Component(s)
A buy-sell agreement provides for continuity of ownership and management. It also protects the assets of the company and the owners. In this Virtual Seminar, we’ll take a deep dive into succession planning with a focus on structuring a buy-sell agreement discussing its elements, including triggering events, funding and valuation provisions. We’ll also review common (and costly!) mistakes and discuss unique considerations for construction firms, that surety professionals should be aware of. This is an exciting opportunity for surety professionals to host NASBP Virtual Seminars for your construction clients or to share the information on how they too can register to participate in the live or recorded seminar.
Traditions and Innovation: What You Need to Know About Project Delivery TodayContains 3 Component(s)
The United States construction market continues to thrive. Yet, as always, the manner in which a particular project is financed, designed, built and, ultimately, even operated and maintained, continues to be scrutinized, with more cost-effective and risk-averse options receiving serious consideration. Still, if there is a successful track record on a particular type of project delivery, construction project participants – owners, lenders, sureties, design professionals, construction managers, and general and specialty subcontractors -- are not opposed to utilizing more traditional approaches to build the project.
Impact of Steel and Aluminum Tariffs on Contractor PricingContains 3 Component(s)
On March 8, 2018, the Trump administration imposed a 25% tariff on steel imports and a 10% tariff on aluminum imports. Although the exact impact of these tariffs on the U.S. construction industry is not yet known, many contractors anticipate that the tariffs could significantly increase the cost of steel and aluminum construction materials thereby driving up the contractor's construction costs. This webinar will address the legal and contractual issues that contractors may face as a result of price increases, including the impact of price increases on current contracts, potential legal arguments for equitable adjustments, and negotiating favorable pricing terms on future contracts.
Convincing Commercial Lenders of The Benefits of Surety BondsContains 3 Component(s)
Nearly 60% of all USA non-residential construction spending is for private construction, yet less than 20% of the Surety Industry’s premium comes from private construction. The SFAA has prepared a PowerPoint presentation that is designed to be presented to commercial lending officers by surety professionals. In this webinar, Gary Dunbar and Mark Vicario of Great American Insurance Company will walk attendees through the presentation, highlighting their experience from meetings with commercial lending officers from numerous banks.
Virtual Seminar Sponsor