Surety bonds serve as a safeguard to ensure the fulfillment of contractual obligations and help owners manage the risks that ...
Refunded bonds secure investor principal by holding the cash amount aside via the original issuer, providing low-risk ...
In Swinerton Builders, Inc. v. Argonaut Insurance Co., Swinerton Builders, a contractor, sued a surety on bond claims arising from defaults by its subcontractor on a series of work orders. The owner ...