A surety bond has three parties: Principal, which is the business buying the bond Obligee, which is the client requesting the bond Surety, which is the company that underwrites the bond Bonds ...

Fidelity bonds protect businesses from employee dishonesty, ensuring trust, financial security, and compliance in industries ...

As construction claim lawyers, we are always on the lookout for insurance policies or “bonds” that might satisfy our client’s claim. On ...

and the history of the project owner is crucial for understanding the nature of the parties involved. This collaborative approach will enhance underwriting processes when issuing surety bonds ...

“Essentially, a surety bond minimizes the risk of financial loss and ensures dependability in any agreement between business parties,” says Eric Weisbrot, Digital Marketing Manager at JW ...