Surety Bond News, Blog, and Updates
Discover the Latest News and Insights on Surety Bonds
Stay informed and confident in every bond decision. Explore our collection of expert guides, industry updates, and helpful resources designed to make surety bonds simple and accessible. Whether you’re a contractor securing a performance bond, a business meeting license requirements, or a professional navigating court obligations, you’ll find clear answers and practical insights here.
Surety Bond Industry Updates
Explore industry news and helpful resources tailored for contractors, businesses, and professionals.
Cancel a Surety Bond
State laws have been enacted in recent years which restrict Principals from effecting cancellation or nonrenewal except under specified circumstances. Providing the Surety a written…
Surety Bond Authority Introduces Surety Bond Services to New Mexico
California-based Surety Bond Company to bring surety bonds and consulting services to The Land of Enchantment. Los Angeles, CA, September 13, 2017 — Surety Bond…
Revised Conditions of the 2017 AIA Contract Documents
Industry Round-Up Blog: Tackling the latest on the new insurance and bonds exhibit, digitization, and sustainable projects exhibit In this monthly industry round-up, we take…
Types of Surety Bond Collateral
What role does collateral play in surety bonds? In this article, we take a look at the types of collateral that sureties may accept, the…
Surety Bond vs Letter of Credit
Surety Bond vs LOC: Which is the BETTER option for contractors? To manage risks in construction projects, surety bonds, and letters of credit (LOC) are…
Surety Bond Authority Launches Nationwide Surety Bond Services for the Cannabis Industry
California-based Bond Company is now offering marijuana surety bonds for the Cannabis industry across the country Los Angeles, CA, August 15, 2017 — Surety Bond…
The Surety Underwriting Process: What You Need To Know
In the process of obtaining surety bonds, you may come across the underwriting process. This process is quite intimidating, especially to new surety bond applicants….
Surety Bond: Modifications, Cancellations and Renewal
Did you know that surety bonds can also be changed/modified, canceled, or renewed? This article will help you glean useful insights in case you are…
Surety Bond Update: New Bill Changes Set Higher California Oil and Gas Well Bond Amounts
The 2016 Assembly Bill 2729 introduced new changes for licensing and bonding requirements for oil and gas wells operators in California, which will become effective…
SURETY BOND UPDATE: Appraisal Management Companies in New Jersey Are Now Required to Submit a Surety Bond
Appraisal management companies in New Jersey will now need to comply with the new surety bond prerequisite to become registered. This requirement is part of…
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