Enacted legislation plays a vital role in the surety bond industry, especially when it comes to commercial surety. New bills often bring changes to licensing and bonding requirements, such as an increase or decrease of…
Surety bonds are a form of consumer protection. Bonds protect consumers from businesses when those businesses fail to adhere to applicable rules and regulations. In the financial sector, for example, surety bonds may be required…
This summer on the SuretyBonds.com blog, we’re spotlighting small businesses that found the bonds they needed with SuretyBonds.com. The SuretyBonds.com Small Business Spotlight series will focus on small businesses across industries and the best practices…
When renewing your surety bond, many common questions and concerns arise about the renewal process and terminology. We have outlined our renewal process and many of these frequently asked questions below. While this material is…
Surety bonds are required across a variety of industries because of the financial protection they offer the entity requiring the bond as well as consumers. As such, the rules and regulations mandating surety bonds can…