Maybe it’s the steady drumbeat of Toyota recall news. Maybe it’s news such as the recent story of a central New York State car dealer charged with grand larceny after improperly taking customers’ trade-in vehicles,…
The U.S. Formula One racing team has run into trouble: as the 2010 racing season nears its championship race in Bahrain, its car is unfinished, it’s low on cash, laying off staff, and has only…
Mixed martial arts is a rough sport. State legislatures are increasingly taking note and requiring promoters have surety bonds to protect against possible damage to people or property during matches. The latest state to look…
Contractors with a history of law-breaking have been landing lucrative stimulus-funded construction contracts, with at least one contractor presenting phony surety-bond documents as part of their winning bid. The Sacramento Bee recently reported on how that…
In the past few months, the construction industry has offered a lesson in the value of surety bonds. When contractors leave major building projects in limbo or abandon them altogether, one of two things happens….