Underwriters are beginning to ask what I’ve come to term, “The COVID-19 Questions”. They are great questions. The problem is that most of us do not have the answers.
Indemnity Agreements for Surety Bonds We are often asked questions as to why a surety needs personal information when qualifying a company for a bond. This all has to do with the principle of indemnity. The surety bond product itself would cease to exist without this principle. In this post, we will try and address […]