Merchants Bonding Company™ President and Surety & Fidelity Association of America (SFAA) Board Chair Larry Taylor spoke in front of two large groups in Dallas and again in Scottsdale in April. Taylor discussed the state of the surety industry, the current challenges and the somewhat slowing economic forecast for construction. Even with surety growth at 5.1 percent, Taylor warned of the challenges of a soft market where everyone is trying to grow market share. New companies and capital are entering the market place frequently and he expects to see more mergers and acquisitions. Taylor echoed the predictions of other experts, the economic forecast for construction remains good for 2019.