Surety bonds protect interests in contracts, ensuring funds are available if obligations are unmet. They differ from investment bonds, focusing on guaranteeing contract fulfillment rather than earning ...

Surety bonds serve as a safeguard to ensure the fulfillment of contractual obligations and help owners manage the risks that come along with the construction industry. A surety bond is an agreement ...

Emerging markets across the Global South are entering a decisive decade for infrastructure. Governments from India to Africa to UAE are all committing unprecedented capital toward transport, energy, ...

In Swinerton Builders, Inc. v. Argonaut Insurance Co., Swinerton Builders, a contractor, sued a surety on bond claims arising from defaults by its subcontractor on a series of work orders. The owner ...

BOSTON--(BUSINESS WIRE)--General Indemnity Group (GIG), a holding company that focuses on the surety insurance sector, announced the rebranding of its recently merged South Coast Surety Insurance ...