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.
Can a Surety Bond Principal Have a Bond Modified?
Yes, the principal can. A surety permits the principal to make changes to the surety bond. The principal can have an information updated, corrected, or…
What You Should Know About Surety Bond Indemnity Agreement
Signing an indemnity agreement is a standard procedure when obtaining a surety bond. It is second to the last step in the bond process –…
The Different Types of Surety Bond Renewals and Extensions
If you’ve been searching for some insight regarding the upcoming renewal of your surety bond, you’ve come to the right place. We’ll give you a…
Surety Bond Form Anatomy, Explained
It’s easy to get confused about the sections, wording, or clauses of a surety bond form, especially in the beginning. But it’s important to have…
Can a Bail Bondsman Refuse to Bail a Defendant Out?
The short answer is yes. A bail bondsman can refuse to bail a defendant out. It’s a common occurrence in the industry. But there’s more…
Applying for a California Liquor License Soon? Here’s How to Do It Right.
Many first-time restaurateurs, bar owners, or liquor store owners are confused about the process of obtaining a California liquor license. Yes, both the state, the…
Establishing a California Marijuana Business
The California marijuana industry has been undergoing a series of major changes since the third quarter of 2016. The latest one is the approval of…
4 Mistakes First-Time Surety Bond Buyers Make and How to Avoid Them
While it’s true that surety bonds are not as intimidating – nor as expensive – as they may seem, it can also be safely said that they’re not the easiest things in the…
SURETY BOND UPDATE: New California Bill Requires Surety Bond for Personal Lines Broker-Agents
Are you a personal lines-broker agent in California? If so, the California Assembly Bill 1696 requires you to obtain a $10,000 surety bond. The bond should be…
4 Types of Problems Small-Scale Contractors Face – Which One Are You Currently Having?
The construction industry is expected to experience healthy economic times. Construction spending, for one, continuously grows according to the Department of Commerce. In fact, construction spending grew to $1.257…
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