Surety bonds serve as a safeguard to ensure the fulfillment of contractual obligations and help owners manage the risks that ...

Global Surety Market was valued at USD 23,462.34 Million in 2025, and the surety bond industry is projected to grow at a CAGR of 5.06% from 2025 to 2032, reaching nearly USD 33,146.14 Million by 2032.

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 ...

Surety bonds provide a kind of insurance guarantee that the bondholder will follow the laws or meet requirements outlined in a contract or agreement. Some municipalities require contractors to obtain ...

In 2022, the Ascent, a 25-story apartment building in Milwaukee, Wisconsin, became the world’s tallest mass timber structure. The Milwaukee tower, which features luxury apartments, retail space, an ...

For most contractors working in the U.S., construction bonds are one of the major requirements they need to meet in order to even apply for a project. Still, they are often confused by these bonds, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Lance Surety Bond Associates is a surety bond agency based out of southeastern Pennsylvania that is able to write all types of surety bonds throughout the nation. We are dedicated to servicing all of ...

BOSS Bonds Insurance Agency, a subsidiary of General Indemnity Group (GIG), announced today it has partnered with Kingdom Bonding of Fairfax, VA to deploy BOSS Bonds’ industry-leading ...

Global Surety Market was valued at USD 23,462.34 Million in 2025, and the surety bond industry is projected to grow at a CAGR ...