Surety Bonds

Getting Surety Bonds More Difficult During a Bad Economy

Many construction companies struggling through a difficult economy are facing yet another obstacle, the tightening market for surety bonds, according to contractors and insurance brokers working on their behalf. These bonds protect public construction projects and many private ones in case a contractor fails to finish a job. What generally happens...
Jan 13, 2015 |

Types of Surety Bonds for Business

There are many different types of surety bonds for businesses. These will vary from state to state in terms of their names, their requirements and specifications, and more. In this quick guide, you'll learn a little bit more about business bonds, why you may need them, and an overview of their various types.  First, why is it important that...
Jan 13, 2015 |

Surety Insurance May Give You Peace of Mind

In a world where unforeseen consequences can lead to costly damages and potential lawsuits, managing your risks is an absolute must. When looking for ways to mitigate risk in an investment, such as a car, house, or expensive work of art, people often turn to major insurance companies. In theory, paying a little each month can protect you from...
Dec 22, 2014 |

Differences Between Surety Bonds and Insurance

Surety Bonds are for consumer protection that coincides with professional services and licenses. Surety bonds are one of the oldest forms of insurance dating back thousands of years. Surety bonds are more of a reverse insurance policy protecting the consumer not the principal of the surety bond.
Dec 22, 2014 |

How Much Does a Surety Bond Cost

We must first understand what a surety bond does as well as the factors that are involved that will determine the rate as well as obtaining a surety bond approval. The surety company will evaluate your credit, experience, and financials. The process is very similar to apply for a business loan. Rates vary on a multitude of conditions such as which...
Dec 22, 2014 |

Trump visits UN: As a global leader, can the US do more with less?

President Trump has already shaken the post-World War II global order by pulling the United States out of American-led international pacts like the Paris Climate Accords and the Trans-Pacific... Read More

Apple thinks different – and the same – about the ‘town square’

Ten years after Apple made the smartphone “cool,” it wants to turn its retail stores into something warm. It announced last week that the nearly 500 Apple Stores will no longer really be stores... Read More

In South Sudan's capital, a bridge – and a nation – on hold

South Sudan’s largest city needed a new bridge, and a Japanese aid agency was going to build one. “The way the city was growing was unbelievable,” says Justin Tata, the head of the department of... Read More