Surety and fidelity bonds are 2 options to protect your business. While they’re both bonds, each serves a different purpose. Learn more about surety and fidelity bonds now. Surety bonds are a legal ...

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 bonds are an agreement involving a principal, an obligee and a surety company that issues the bond for a fee. In most cases, the obligee accepts a bid or application submitted by the principal.

Small businesses vying for contracts have to show their worth. One way to do this is through a surety bond, a legally binding agreement between a small business and another party that ensures the ...

The IRDAI released surety bond guidelines to guarantee that the bonds get issued in a fair and transparent way. These guidelines have the goal to promote and control the healthy and sustainable growth ...

Emerging markets across the Global South are entering a decisive decade for infrastructure. Governments from India to Africa to UAE are all committing unprecedented capital toward transport, energy, ...

A construction project can be a breeding ground for general contractor versus subcontractor payment disputes. Whether it is payment for extra work subject to the project owner’s approval, slow pay or ...

Is Your Entity in Compliance? Most durable medical equipment, prosthetics, orthotics and supplies (DMEPOS) suppliers must maintain a $50,000 surety bond for each location it has enrolled in Medicare, ...