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The bond itself is not a risk transfer from the contractor to the surety, but an extension of credit for which the contractor is liable. The premiums are non-refundable and compensate the surety ...
A surety bond is a sort of promise that a company will follow through with its work as expected, with serious financial repercussions if they don't. Read on to learn more.
A surety bond can also cover fraud and allegations of theft committed by your employees. There are several different types of bonds that apply to v. Subscribe To Newsletters.
The surety bond must also be from an authorized surety, certified by the U.S. Department of Treasury (a list of such companies is available here).
“SFAA members engaging with federal policymakers is a vital part of our advocacy mission, ensuring Congress understands the essential role of surety bonds in supporting and safeguarding public ...
“SureDeposit has been offering its surety bond program since 2001 in states nationwide and has already helped renters retain more than $750 million of their hard-earned money that they have not ...
Daniel T. Buckles, deputy CEO and president, surety, of Tinubu Square Americas, notes that the surety bond business “is highly complex but too often still paper-based for multiline agents and ...
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