In the world of Surety, we often ask for what feels like a lot of paperwork – financial statements, bank verification, etc etc… But, it’s always for a reason; protecting the Obligee, protecting the Surety, and making sure the Principal is solvent. There are often things the annual Surety Underwriting Review catch or notice that nobody else does. Here’s just one more example of the unexpected benefits of Surety Underwriting:

$700,000 embezzlement from boss sends trusted Cheektowaga bookkeeper to prison