by Kara Skinner | Aug 1, 2019 | Uncategorized
Why are financial statements so important in bonding? Financial statements are the main source of information about a contractor’s financial position and performance. It provides information necessary to make economic decisions about the contractor. Financial...
by Kara Skinner | Mar 18, 2019 | Uncategorized
The two are commonly confused. Many think that surety is insurance, but it is ASSURANCE. Surety is a guarantee. The only reason surety is licensed under the insurance division of most states and lumped in with the sale of insurance is because it is a transfer of risk....
