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
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Evolving Issues for Employers: Recent Developments in Cannabis Law and Form I-9 Immigration ComplianceContains 3 Component(s) Recorded On: 05/14/2019
During this seminar, we will examine two evolving issues of which surety professionals and their construction and other clients, as employers, should be aware. Aaron Schlesinger, a partner in Peckar & Abramson’s Labor Relations and Employment Law Department, will discuss the constantly evolving employment law issues surrounding cannabis use for medical and recreational purposes. He will outline the interplay between federal and state laws regarding marijuana and explain how employers can both keep the workplace free of drug use and also avoid litigation over allegedly discriminatory behavior toward cannabis users. Michael Schewe, a member of Peckar & Abramson’s Labor & Employment Law Group, will discuss the substantial uptick in worksite investigations by Immigration and Customs Enforcement (ICE), and the steps that employers can take to protect themselves from liability for Form I-9 processing and record keeping violations. Michael will include an overview of the Homeland Security Investigations (HSI) audit process, so employers can know what to expect when the government comes calling.
Surety in Oil & Gas – Managing Risk in a Changing WorldContains 3 Component(s) Recorded On: 04/24/2019
The oil and gas marketplace continues to evolve with a host of variables driving its transformation. During this Virtual Seminar, you will gain a better understanding of the various surety solutions that can be utilized by companies operating in this space. A flyover of the oil and gas commodity markets will serve as a backdrop to a closer look at each of the industry sectors and prominent areas of oil and gas activity in and around the United States. Additionally, details will be provided on the most common types of bonds for this industry as well as regulatory forces in play that could impact current and/or future bond requirements giving you the information you need to better anticipate and respond to your oil and gas customer’s needs.
Mechanics’ Lien Discharge Bonds - The Substitutes of the Surety WorldContains 3 Component(s) Recorded On: 04/09/2019
Mechanics’ lien discharge bonds are the substitutes of the surety world. They substitute for a previously filed mechanics’ lien, providing relief to owners and contractors alike from the onerous procedures, rules, and remedies that such liens carry with them. They may also provide added time to negotiate a settlement by substituting their own statutes of limitations. While mechanics’ lien discharge bonds are not without their risks, they offer a satisfying alternative in that owners and other stakeholders can insulate their property interests from foreclosure, while contractors have a simpler alternative to recovery than foreclosure. During this virtual seminar, we will take a look a mechanics’ liens and mechanics’ lien discharge bonds. Our speaker Mike Pipkin a partner at the Dallas office of the law firm of Weinstein Radcliff Pipkin LLP, will review real-world examples and examine the risks, rewards, and alternatives to mechanics’ lien discharge bonds.
ASC 606, Revenue from Contracts with Customers: Impact on the Contractors’ Financial StatementsContains 3 Component(s) Recorded On: 03/22/2019
Learn what surety professionals and their contractor clients need to know about the FASB revised revenue recognition standard by looking at the new guidance given in the ASC 606. During this seminar presenters will examine the impact on financial statements and footnotes, outline presentation and disclosure requirements, and give a five-step process to revenue recognition in light of the ASC 606. The discussion will be further illuminated through examples illustrating what these changes will look like.
The Evolving Role of the Construction CFO And How It Can Impact Surety Credit CapacityContains 3 Component(s)
The ever-changing construction industry is creating an environment where the construction CFO is challenged to take on increasing responsibilities. Gone are the days when the CFO was a trusted family member who was good with numbers and could be trusted. Today’s construction CFO must face the new challenges in financial reporting and increasingly is forced to the front lines of Technology, Compliance, Human Resources and other critical issues. In this session, we will discuss with you the impression vs. the reality of what is expected and needed from this critical management position. As surety professionals and business advisers to your construction partners its important to have a strong understanding of how this critical position within their organization, which can impact surety credit capacity, has changed.
Captive Insurance & Bonding: A Deeper DiveContains 3 Component(s) Recorded On: 02/20/2019
In this session, speaker and innovator in the captive insurance industry Brandon White, will look deep into the Captive Universe. We will explore the uses of captive insurance vehicles and how organizations are using them for bonding purposes. We will also discuss the impact of captives that are outside of the bonding program and how best to work alongside and what counsel to give your clients around the benefits and drawbacks of the captive structure in their business.
Bid Protest: When to Protest and When Not to ProtestContains 3 Component(s)
Government contracts, bid protests are on the rise. And, bid protests are a critical tool in the toolbox of every construction contractor that operates in the federal sector. Accordingly, contractors and their surety advisers must understand the contractors’ rights and obligations in order to make decisions that are in the best interests of their company. On this virtual seminar experienced government contracts attorney, Barron Avery will address the factors contractors should consider when awards go to competitors, and they are weighing whether to protest.
Construction Industry Dispute Resolution and Avoidance Tools – and the Implications for Bond Principals, Producers and UnderwritersContains 3 Component(s) Recorded On: 12/18/2018
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) Recorded On: 12/14/2018
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) Recorded On: 12/14/2018
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) Recorded On: 12/04/2018
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) Recorded On: 11/28/2018
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) 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 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) Recorded On: 10/31/2018
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) Recorded On: 10/16/2018
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.
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