Bonding capacity ultimately determines the size, scope and number of projects a contracting firm can pursue, making bonding a ...
But according to the suit, Oakmont sidestepped the safeguard. Frankenmuth alleges the contractor received at least $1,084,289.08 in bonded contract proceeds directly from project obligees and never ...
More companies than ever aren't paying enough in customs bonds to guarantee coverage of the Trump administration's broad and ...
U.S. importers face rising financial strain as Customs officials flagged nearly $3.6 billion in surety bond insufficiencies for fiscal 2025. The issue is tied to higher tariff bills, which have pushed ...
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 ...
A Metairie bond producer and its agency have been ordered to repay more than $1.2 million to customers and pay a $250,000 ...
BOSS Bonds Insurance Agency, a subsidiary of General Indemnity Group (GIG), announced today it has partnered with Kingdom Bonding of Fairfax, VA to deploy BOSS Bonds’ industry-leading ...
An administration bond protects an estate by ensuring administrators comply with wills and legal standards, thereby safeguarding beneficiaries from potential mismanagement.
Global Surety Market was valued at USD 23,462.34 Million in 2025, and the surety bond industry is projected to grow at a CAGR of 5.06% from 2025 to 2032, reaching nearly USD 33,146.14 Million by 2032.
Louisiana Insurance Commissioner Tim Temple (pictured) has announced that Metairie‑based surety bond producer Alexander Ellsworth and his agency, Ellsworth Corporation, will refund more than $1.2 ...