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.

It is in this context that surety bonds have begun to attract attention—not as a financial innovation, but as a structural ...

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 ...

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 ...

Given, well, the state of everything, private owners should seriously consider requiring the contractor to secure a performance bond (a third-party surety guaranteeing the contractor’s performance ...

OneNexus, a financial technology and insurance platform dedicated to funding long-duration decommissioning liabilities, today announced a strategic partnership with The Travelers Companies, Inc.

That agreement gave Berkley sweeping rights. If things went south, Berkley could demand cash collateral on short notice, take ...

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

The financial technology and insurance platform, OneNexus, has formed a strategic partnership with The Travelers Companies, ...

As we have reported previously over the years, a key provision in the Bankruptcy Code is Section 365, a lengthy provision that addresses the disposition of executory contracts between the debtor and ...