Lexon Insurance is chasing not less than $2.6 million from an Oregon contractor group after a fire district construction ...
"In addition to surpassing the $100 billion mark in 2025 for small business lending and SBIC investment, the Trump SBA guaranteed a record $10.6 billion through our Surety Bond Guarantee Program to ...
It is in this context that surety bonds have begun to attract attention—not as a financial innovation, but as a structural rethinking of how project risk is allocated.
A surety bond is a three-party contract between a principal, obligee and a surety. Surety bonds also are regulated by state insurance departments. The principal has an obligation to the obligee to ...
Surety insurance is a popular but inaccurate term used to refer to surety bonds. A surety bond is a sum of money one party puts up as a guarantor of good faith. Surety bonds often involve considerable ...
A surety bond is a way of ensuring that a business makes good on its obligations when it's hired to do a job. Many, or all, of the products featured on this page are from our advertising partners who ...
The financial technology and insurance platform, OneNexus, has formed a strategic partnership with The Travelers Companies, ...
Photo Credit: Kalawin They say a man is as good as his word. In life, it is important to follow through and fulfill your promises. The same principle applies to business. For instance, if you are ...
US & Canada, April 25, 2025 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, the surety market is observing significant growth owing to the need to restore the ...
The Surety market report covers market size, share, and growth outlook in terms of CAGR status and revenue estimations. This 90 Pages report delivers competitive landscape analysis (business profiles, ...
When, as expected, President Obama signs into law the National Defense Authorization Act, a new military spending bill, he probably won’t know about Section 874, which upgrades the minimum standards ...
Edmund C. Scarborough, who owned the biggest and most public individual surety business in the U.S., once claimed that his guarantees were backed by solid assets comprised of valuable coal waste. In ...