IC orders insurers to report DPWH infra bondsIn a circular, the insurance regulator said that submissions should provide comprehensive information on the infrastructure bonds of the Department of Public Works and Highways (DPWH) including their current status and project identifiers. In a circular, the insurance regulator said that submissions should provide comprehensive information on the infrastructure bonds of the Department of Public Works and Highways (DPWH) including their current status and project identifiers. Last October, the DPWH and the IC signed an agreement to fast-track claims of performance and surety bonds in relation to anomalous flood control projects. “The report shall include the details of issued bonds required by or in favor of government agencies, instrumentalities, judicial authorities and government-owned and controlled corporations,” the circular read. The commissioner may also enforce sanctions and regulatory actions under existing laws for any non-compliance, including failure to report issued bonds.

Source: Philippine Star December 19, 2025 18:35 UTC