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As we passed from 2012 into 2013, conditions in the U.S. surety market appeared to be a relatively quiet.

Sureties and contractors alike seem to have adjusted their operations so that most are enduring, several are struggling and a few are thriving.  Certainly news-worthy items exist: premium continues to contract, loss ratios are up, and several sureties reflect material losses. But because these were all anticipated, none of these have been viewed as earth-shattering.  Some would even argue the industry continues to fare far better than expected during the past several years. 

Read on for a look-ahead at 2013 and for recommendations to contractors and clients.