In our continued effort to analyze the risks posed to the Surety industry by COVID-19, we examine health club bonds, their risk in more normal economic conditions, and the potential for heightened claims exposure during this crisis

Freight brokers comprise a notable subset of surety bond business, as licensed brokerages are required to post some form of security in order to comply with licensing requirements. Brokers can opt for a freight broker trust or a freight broker bond to fulfill these federal requirements.

Seller of Travel bonds weren’t on the radar for many Sureties until the Thomas Cook bankruptcy in 2019. With most trips now grounded and travel agencies facing ruin, Suretypedia puts the spotlight on these once obscure obligations

In our third installment, Suretypedia delves into Sales Tax bonds and how the current pandemic may open doors to a heightened claims environment