JD Supra

The Role of Surety Bonds in Construction Projects

Surety bonds serve as a safeguard to ensure the fulfillment of contractual obligations and help owners manage the risks that ...
The Motley Fool

What Is a Surety Bond: Definition and How It Works

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 ...
JD Supra

The Power of Incorporation Compels You: Surety Succeeds in Compelling Contractor to Arbitrate Bond Claims Pursuant to Arbitration Clause in Subcontract

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 ...
Forbes

Why Surety Bonds Matter—And Where They Fall Short—In The Global South

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, ...
Business Wire

SuretyDIGIT Coalition Launches to Propel Digitization Efforts in the Surety Bond Industry

MALVERN, Pa.--(BUSINESS WIRE)--The SuretyDIGIT Coalition announced their launch today. The goal of the coalition is to bring stakeholders together to modernize and digitize surety bond operations. Due ...