OneNexus, a financial technology and insurance platform dedicated to funding long-duration decommissioning liabilities, today announced a strategic partnership with The Travelers Companies, Inc.

It is in this context that surety bonds have begun to attract attention—not as a financial innovation, but as a structural ...

A surety bond is a three-party contract between a principal, obligee and a surety. Surety bonds also are regulated by state insurance departments. The principal has an obligation to the obligee to ...

US & Canada, April 25, 2025 (GLOBE NEWSWIRE) -- According to a new comprehensive report from The Insight Partners, the surety market is observing significant growth owing to the need to restore the ...

Surety bonds protect interests in contracts, ensuring funds are available if obligations are unmet. They differ from investment bonds, focusing on guaranteeing contract fulfillment rather than earning ...

Surety insurance is a popular but inaccurate term used to refer to surety bonds. A surety bond is a sum of money one party puts up as a guarantor of good faith. Surety bonds often involve considerable ...

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Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

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 ...

In a bid to make the surety bond business more attractive, the government is looking at making relevant changes in the Insolvency and Bankruptcy Code (IBC), PTI news reported. While presenting the ...

THE Government Procurement Reform Act governs the procurement activities of the government. Under the law, various securities are required for the different stages of the procurement process. From the ...

As Canadian businesses struggle to cope with the impacts of the ongoing trade tiff with the U.S., surety might be an overlooked tool on the workbench. Tariffs impact duties, taxes and fees, which ...