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.
Irrevocable Letters of Credit (ILOCs) in Surety Bonding
What is an irrevocable letter of credit and how is it used as collateral for surety bonds? Learn how ILOCs work, when you need one, and what to expect.
The Miller Act: A Contractor’s Guide to Federal Bonding Requirements
Last updated: May 4, 2026 If you’re bidding on a federal construction project, the Miller Act sets the rules. It’s the federal law that requires…
Announcing the 2025 Surety Bond Authority Scholarship Winner: Paul Ghidella
We are proud to announce the recipient of the 2025 Surety Bond Authority Scholarship: Paul Ghidella, an outstanding student currently attending college in California. Each…
Probate Bond Cost: What You Need to Know Before You Call the Court
Last Updated: April 20, 2026 If you have been appointed as an executor, administrator, or guardian of an estate, the probate court may require you…
The Ultimate Guide to Probate Bonds
Last Updated: August 1, 2026 Handling someone’s estate after they pass away comes with real legal and financial responsibility. If you have been appointed as…
Understanding the Role of an Obligee in the Surety Bond Industry
What is an Obligee? When it comes to surety bonds, understanding the key parties involved is essential. Whether you’re a contractor, business owner, or government…
Understanding the Difference Between Viatical Settlement Broker Bonds and Provider Bonds
The viatical settlement industry involves unique financial transactions that provide policyholders, known as viators, with a way to sell their life insurance policies for a…
Understanding the Difference Between Life Settlement Surety Bonds and Viatical Settlement Bonds
If you’re navigating the world of surety bonds related to life insurance transactions, you may encounter two distinct types: life settlement surety bonds and viatical…
The Essential Duties and Liabilities of Bond Agents
Bond agents are pivotal in the complex world of suretyship. Acting as intermediaries between principals and sureties, bond agents not only connect parties but also…
Boost Your Profit by Understanding Consumer Behavior
Consumer behavior has drastically changed since the onset of the pandemic. Adapting to these shifts is important in not only sustaining a business but more…
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