Our Blog - Surety Matters

Non-farm employment rose by 312,000 in December 2018 with job gains occurring in health care, food services, construction, manufacturing, and retail, according to the U.S. Bureau of Labor Statistics. With more people employed, it means…
Read Moreabout As the Economy Grows, More License & Permit Surety Bonds Needed

Effective December 1, 2018, several changes to the Federal Rules of Civil Procedure were enacted, including rules mandating electronic service and filing for persons represented by counsel, establishing a national signature standard for electronic filing…
Read Moreabout Federal Rules of Civil Procedure Now Allow 30 Days for Appeal Bond

Construction projects and contract surety come bundled with an assortment of risks, ranging from inability to meet deadlines to poor workmanship to workplace injuries. But one of the biggest risks of a construction project isn’t…
Read Moreabout Funds Control in Contract Surety

Surety bonds are either written by individual surety companies or subsidiaries or divisions of larger insurance companies engaged in the business of acting as a surety. These companies are authorized to do business by the state…
Read Moreabout What is a Surety Company?

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