Announcing Expanded Dishonesty and Janitorial Services Bond Limits January 22, 2024 Great news! We are pleased to announce that we are now offering Dishonesty and Janitorial Services coverage for amounts […]
Read more
Tag: surety bond
Understanding Janitorial Service Bonds: A Guide
Janitorial service bonds are an important part of running a successful janitorial business. A janitorial service bond is a type of surety bond that is required by some states when […]
Read more
A SOLUTION FOR HARD-TO-PLACE FREIGHT BROKER BONDS
As the CEO of Jet Insurance Company detailed in a recent in-depth Suretypedia article, the market for Freight Broker Bonds has been decimated by a punishing economic cycle and a […]
Read more
What is a Surety Bond and Why Does it Matter
A surety bond is a type of financial agreement that assures a party that an obligation or commitment will be fulfilled. These bonds are often used in the business world, […]
Read more
Declined for a Contract Performance Bond? What It Takes to Get Approved Via the SBA
Not all surety bond companies can or will provide SBA-backed contract bonds. Contract Performance Bonds are a common requirement for people in the construction and contracting industries. This type of […]
Read more
Who Can Issue a Surety Bond?
Surety bonds are often issued by banks and insurance companies. They are usually obtained through brokers and dealers who, like insurance agents, obtain a commission on sales. State Regulations All […]
Read more
Insurers keen to launch surety bonds, but infrastructure companies may have to wait longer for booster dose
The infrastructure sector has been eagerly waiting for insurance companies to offer surety bond products beginning April 1, when the insurance regulator’s guidelines come into effect. However, infrastructure firms may […]
Read more
