Most of the surety bonds we underwrite automatically renew yearly. Therefore, we send invoices to our clients once a year on the month their bond renews. The bond renews the same month we issued during the first year. When clients sign the indemnity agreement, they...
Surety consists of two main divisions – commercial surety and contract surety. These two divisions differ from each other in several ways. Contract surety involves bonds for private and public enterprises pursuing the fulfillment of a contract. These bonds act as a...
