by Sierra Maine | Jan 20, 2022 | Uncategorized
The three parties to a surety contract are the surety company, the principal, and the obligee. Surety Our first party is the Surety. In the United States, corporate surety companies are typically insurance companies. They underwrite the principal and obligation to see...
by Sierra Maine | Jan 6, 2022 | Uncategorized
Assume you are an insurance producer, and your primary focus is selling insurance products. When you get a call from a client about a surety bond, it may cause a panic. Surety bonds are so different from insurance that many insurance producers surrender, and don’t...