SBA Backs Historic $10.6 Billion in Contract ValueWASHINGTON, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Today, the U.S. Small ...
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 ...
The financial technology and insurance platform, OneNexus, has formed a strategic partnership with The Travelers Companies, ...
Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...
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 ...
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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 ...
Finance Minister Sitharaman in her speech had noted that IRDAI has given the framework for the issue of surety bonds by insurance companies. (Image: pixabay) Credit and Finance for MSMEs: MSME experts ...
PIERRE, S.D. (KELO) — The head of state government’s Minerals, Mining and Superfund Program says the purpose of a recent change to how limestone sites are licensed in South Dakota was to get more ...
A former surety manager who for two years diverted payments on bond claims to himself is now starting a 20-month prison sentence. A federal judge in New Haven, Conn., sentenced James Keating, 52, of ...
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