Bengaluru: The high court has ruled that a surety or guarantor cannot unilaterally discharge themselves from liability at their own request. Dismissing a petition filed by a person--Muni Reddy, who ...

The complainant submitted that the petitioner, being a powerful political figure, had exerted undue influence over the board and got a resolution passed.

A surety bond is a way of ensuring that a business makes good on its obligations when it's hired to do a job. Many, or all, of the products featured on this page are from our advertising partners who ...

Surety bonds assure project owners that a contractor can complete a project according to contract specifications. Requiring a surety bond on a project helps prequalify contracting firms based on their ...

The Surety & Fidelity Association of America (SFAA) and the National Association of Surety Bond Producers (NASBP) led a Legislative Fly-In with members from across the industry to educate Congress on ...

Contractor default inflicts huge losses on everyone involved — on contractors and project owners alike, though in different ways — and can delay, and ultimately stop, a project. This is why surety ...

Euclid Insurance Services, Inc. ("Euclid"), today announced that it has formed Euclid Surety LLC ("Euclid Surety"), a program manager that will write contract and commercial surety bonds throughout ...