SURETY BOND BLOG

Tag Archives: bonding company

This is the first installment of our surety company reviews. We are starting with Western Surety Company, a subsidiary of CNA Surety, founded in 1986, located in Sioux Falls, South Dakota. Why start with Western Surety? Simple. They are the largest provider of commercial surety bonds in the U.S.! View Larger Map Western Surety’s Success read more »

Recently we posted about our new surety company ranking tool. Due to the positive feedback within the surety community we have added additional functionality to the tool. Now you can see premium and ranking details for all years selected by surety. Graphs have also been added for ease of use. Here is an example using read more »

Bonding companies are ranked every year by how much premium they book. Our agency has compiled that data and made a tool to allow you to compare year to year. As of now, you can only look back to 2006, but we hope to add more history to it. You can use the Surety Ranking read more »

Bonding companies look at far more than just owners’ personal credit when it comes to contract surety over $250,000. A surety wants to have confidence in their bonded contractors prior to approval. There are numerous different actions a contractor can take to instill confidence in a bonding company. A contractor must be organized and practice read more »

Turning back the clock…..and bond agents working for a living. Do you recall the late 90′s and way early in 2000 when getting approved for contractors Performance & Payment bonds were as easy as having a pulse? “Oh, you’re breathing? You’re approved!” That time period was an interesting but a rather frightening time in the read more »