Understand what a fiduciary bond is and why it is important in protecting the interests of beneficiaries and other parties ...

A surety bond, sometimes called business bond insurance, is a contract among three parties guaranteeing that work will be completed according to requirements.

A surety bond is a sort of promise that a company will follow through with its work as expected, with serious financial repercussions if they don't. Read on to learn more.

A surety bond is a tripartite agreement involving three parties: * Principal - The contractor or EPC company undertaking the project. * Obligee - The project owner or beneficiary (e.g., government ...

This settlement, covering nearly 70% of W&T's surety bond portfolio, locks in the company's historical premium rates on existing bonds and provides predictability in its premium expenses, while ...

Generally, though, you'll pay 10%, says Sam Bassett, Austin, Texas, criminal defense attorney of Minton, Bassett, Flores & Carsey. "Each bonding company can decide what premium to charge on a bond ...

“Unlike a surety bond, a cash bond carries no additional fees, premiums, or interest,” Johnson said. “The bail bond providers will no longer receive those fees from criminal defendants, ...