Monthly Archives: June 2016

Get Ready For Our Fall Seminar Series!

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in General on Jun 16, 2016.

On the heels of our successful Spring Seminar Series, Kaplin Stewart’s Construction Law Group is in the process of planning its next program offering. Our Fall Seminar Series will follow a similar set-up to our Spring Seminar Series and offer some great new topics. We will have another announcement in the near future with more details, but here are some of the particulars.

Tags: ,

Subcontractor Default Insurance Versus Surety Bonds

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in General on Jun 13, 2016.

Although it’s hardly a new product at this stage, the introduction of Subcontractor Default Insurance (“SDI”) is much more recent than the use of surety bonds. Many of the very large general contractors are now using SDI because it allows them to control the claims process a bit more. These policies, while useful, should not be confused with surety bonds though. There are some important distinctions between the two that are worth noting.

Tags: , ,

What is a General Agreement of Indemnity and How Does It Work?

On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in General Agreements of Indemnity on Jun 8, 2016.

For those who work in the world of construction sureties, General Agreements of Indemnity – or GIA’s as they are called – are a normal part of the process. For those unaccustomed to how sureties operate and how they differ from insurance companies, they are as foreign as an unfamiliar language. Here’s a quick primer on GIA’s and how they work.

Tags: , ,

  • Best Lawyers | Best Law Firms | U.S.News | 2015
  • Philadelphia Ranking Tier 1 - Land Use & Zoning Litigation
  • msi Global Alliance | Member of Independent Legal & Accounting Firms
  • Business Journals Law Firms | Top 50 | 2012