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.

W&T Offshore, Inc. (NYSE: WTI) (“W&T” or the “Company”) today announced that it has come to a settlement agreement with two of its largest surety providers which calls for the dismissal of a ...

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 ...

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 ...