A surety bond is a three-party contract between a principal, obligee and a surety. Surety bonds also are regulated by state insurance departments. The principal has an obligation to the obligee to ...

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.

Real estate developments and construction projects regularly require payment and performance bonds from contractors that are seeking to be hired for a project. There are many misconceptions about what ...

For most contractors working in the U.S., construction bonds are one of the major requirements they need to meet in order to even apply for a project. Still, they are often confused by these bonds, ...

Southland Holdings ( ($SLND) ) has shared an announcement. On December 22, 2025 and thereafter, Southland Holdings, Inc. received approximately ...

JM Surety announced an enhanced focus on Texas DMEPOS bonds as durable medical equipment, prosthetics, orthotics, and supply providers across the state experience rising demand, increased operational ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...

Michael Logan is an experienced writer, producer, and editorial leader. As a journalist, he has extensively covered business and tech news in the U.S. and Asia. He has produced multimedia content that ...

Insurance-backed surety bonds can release trapped MSME capital, lift GDP contribution and accelerate project execution, AxiTrust says ...

Wright’s motion cites the Eight Amendment of the United States Constitution in his request: “excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments ...