Bond Business Chart
Name | Description | Link |
---|---|---|
1. Corporate Bond Business | Most surety bonds in the U.S. are provided by corporate surety companies, which are typically divisions of large insurance companies | Extra Information |
2. The Old Days | In the old days, surety was providing by individuals on behalf of other individuals. You can sometimes see this, but it is more common now for companies to provide surety business on behalf of another business, such as a general contractor being the surety for one of its subcontractors. | Extra Information |