Ox Bonding Enters Oregon 09/13/2012
Oregon contractors will have another option for surety bonds after the state approved Ox Bonding and affiliate carrier, Upper Hudson National Insurance Co., for writing business.
“The financial tsunami of 2008 destroyed the ability of many Oregon contractors in the building trades to get a completion bond, or the working capital to acquire the supplies to do the work,” said Jeffrey Camp, chief operating officer. “Because they do not have perfect credit, they lose out on many jobs where bonding is required, such as local government projects. We can fix that.”