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Three Surety Bond Misconceptions

Posted on: December 7, 2015 by Newmark Insurance

Earlier this year, we discussed the different types of surety bonds and their importance among contractors. As Surety Bonds are an essential component to their business, let us take a closer look at the common misconceptions surrounding them. Surety Bonds Don’t Cover Losses- Surety companies have paid an estimated $13 billion in claims between 2002 […] Read More

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Exploring Different Types of Surety Bonds

Posted on: November 11, 2015 by Newmark Insurance

Surety bonds are necessary components for construction project completion. While Surety Bonds are typically offered through insurance companies, they differ from typical insurance products. Let us take a closer look at the four types of surety bonds and the function of each. Gen Re defines a surety bond as a three-party contract comprised of the […] Read More

Posted in: blog Surety Bonds