An administration bond protects an estate by ensuring administrators comply with wills and legal standards, thereby safeguarding beneficiaries from potential mismanagement.

Surety and fidelity bonds are 2 options to protect your business. While they’re both bonds, each serves a different purpose. Learn more about surety and fidelity bonds now. Surety bonds are a legal ...

Surety bonds provide a kind of insurance guarantee that the bondholder will follow the laws or meet requirements outlined in a contract or agreement. Some municipalities require contractors to obtain ...

Surety bonds are an agreement involving a principal, an obligee and a surety company that issues the bond for a fee. In most cases, the obligee accepts a bid or application submitted by the principal.

Performance bonds, common in industries like construction and real estate development, are issued to ensure the completion of a large project. A performance bond is a financial instrument that helps ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Contractor default inflicts huge losses on everyone involved — on contractors and project owners alike, though in different ways — and can delay, and ultimately stop, a project. This is why surety ...

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 ...

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.

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 ...