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Isn’t It All Just Paper?
Many institutional purchasers – like Third Party Administrators (TPAs), Insurance & Bond Agencies, and Reinsurance Brokers -- of surety bonds and insurance products have traditionally thought of their relationships with Insurers and Sureties as being purely...
California cannabis surety bonds
What you need to know – California cannabis surety bonds History: In February of 2018, the state of California created its own surety bonding program for the cannabis industry. Businesses within the industry are required to obtain a cannabis surety bond, also commonly...
What is a surety bond?
A surety bond is a three-party agreement between the principal, the surety, and the obligee. Surety bonds can be required for various reasons such as to start a business, obtain a license, take on construction projects or to fulfill a court order. States and...