Our Blog - Surety Matters

The indemnity agreement is the foundation of the surety bond. It’s what separates surety from insurance: the agreement functions as a mechanism to have the principal repay the surety for any claims paid out to…
Read Moreabout Collateral Security: The Surety’s Power

It’s tough to come up with an overarching description of the contract surety industry. Like the insurance industry its products so resemble, the industry is cyclical. The industry also has a long tail, meaning that a…
Read Moreabout How the Contract Surety Industry Functions

When you try to purchase a bid or performance bond, it has to go into “underwriting” before you can actually receive your bond. So what exactly is contract surety underwriting and what goes into the…
Read Moreabout What is Contract Surety Underwriting?

Here’s something you probably didn’t know: when you’re named as a personal representative in a Probate Court case in Florida, the court requires you to purchase an estate bond to protect interested persons in the…
Read Moreabout Florida Probate Court Personal Representative Bond Requirements

As the construction industry has rebounded since 2008 and continued to grow to this day, the biggest concern in the industry is finding dependable, qualified resources, specifically subcontractors, to work with on new and ongoing…
Read Moreabout How to Make Sure Your Subcontractors Finish Their Work

Nearly every New Jersey school needs to provide some sort of transportation to get students to and from school. But what are the requirements of contracting student bus and transportation services in New Jersey? And…
Read Moreabout How to Contract Student Bus Services in New Jersey

Click here to get a Surety Bond A surety bond may be required for a range of activities including gaining a contractor’s license to appealing a court case to obtaining a mortgage broker license. But…
Read Moreabout What is a Surety Bond?

Ontario’s Bill 142, the province’s new Construction Act, is the largest set of new construction rules the province has seen in 35 years. With the first part of the Act in effect in July 2018, we wanted to…
Read Moreabout Ontario’s New Construction Act Brings Contract Surety Changes

The Surrogate’s Court in the State of New York hears cases involving the affairs of decedents, the administration of estates, the probate of wills, and adoptions. But did you know that even lawyers don’t know…
Read Moreabout What Even Lawyers Don’t Know About New York Surrogate’s Court