Utility Deposit Bonds: As Restaurants Go Dark, Claims Will Light Up
Continuing our series on how the COVID-19 crisis is affecting certain bond types, Suretypedia examines how Utility Deposit bond form language and grace periods granted by utilities may increase Surety carrier liability.
Contractor Bonds: Executive Guide to the Coming Elevated Claims Environment
Surety executives, underwriters and claims handlers are suddenly confronted with a whole new environment to navigate. In the first of a series drilling into how the COVID-19 crisis is affecting certain bond types, Suretypedia examines the emerging risks facing Contractor bonds.
“Stay-at-Home”: List of Essential Services Matters Greatly to the Surety Industry
Despite the CA and NY “Stay-at-Home” Orders, Essential Businesses, including construction, can continue work outside the home. We believe the Orders have sown considerable confusion in the public over what type of work is permitted with substantial impact to the surety business...
The Miller Act: Understanding Requirements and Recoverable Costs
Many regulations exist in the construction industry, most designed to protect contractors, businesses, and the vendors and suppliers used to complete projects.
Oregon Motor Vehicle Dealer License Bond
In order to obtain a vehicle dealer certificate, Oregon Vehicle Code 822.030 requires auto dealers to file a license bond
How Does the New California Privacy Law Impact Surety?
The New California Consumer Privacy Act Can Affect Surety Agents and Carriers, Even Those Outside of the Golden State
Suretypedia’s Guide to Obligees
The surety bond industry is one of the most opaque, misunderstood niche lines...
Suretypedia’s Guide to Indemnity Agreements
Most surety industry terminology isn’t widely used or well understood outside of the circle of industry professionals ...
Suretypedia’s Guide to Bond Claims
Many people find the attributes and outcomes of surety bond claims confusing because they are very different...
Suretypedia’s Guide to Bond Forms
Surety bonds are among the oldest contracts in the world; however, they are often misunderstood...