{"id":1565,"date":"2023-05-19T00:00:00","date_gmt":"2023-05-19T04:00:00","guid":{"rendered":"https:\/\/americanglobal.com\/2023\/05\/irmi-feature-article-surety-outlook-underwriting-changes-in-wip\/"},"modified":"2024-06-03T11:25:04","modified_gmt":"2024-06-03T15:25:04","slug":"irmi-feature-article-surety-outlook-underwriting-changes-in-wip","status":"publish","type":"post","link":"https:\/\/americanglobal.com\/fr\/2023\/05\/irmi-feature-article-surety-outlook-underwriting-changes-in-wip\/","title":{"rendered":"IRMI Feature Article Surety Outlook Underwriting Changes In Wip"},"content":{"rendered":"<p>Inflationary pressures and increasing labor costs have caused key central banks to take action, creating the swiftest rise in interest rates in decades, which opens up a real potential for a recession in 2023. For our industry, the next logical question becomes, \u201cWhat impacts will this have on the construction community, and specifically, how will sureties react when it comes to underwriting new (and even existing) clients?\u201d Be sure to read <a href=\"https:\/\/americanglobal.com\/fr\/gerard-leib\/\">Gerard Leib\u2019s<\/a> informative outlook on the current surety market and related underwriting changes re: work-in-progress (WIP), now available on <a href=\"https:\/\/americanglobal.com\/fr\/gerard-leib\/\" target=\"_blank\" rel=\"noopener\">IRMI\u2019s website<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Inflationary pressures and increasing labor costs have caused key central banks to take action, creating the swiftest rise in interest rates in decades, which opens up a real potential for&hellip;<\/p>","protected":false},"author":16,"featured_media":1472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","footnotes":""},"categories":[21,18],"tags":[],"class_list":["post-1565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-resources"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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