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Contract Surety
A Comprehensive Overview of Surety Bonds
Suretyship is a critical facet of the construction industry, providing a financial guarantee that contractual obligations will be met. This section delves into the foundational principles of suretyship, elucidating the legal underpinnings of surety bonds and the pivotal roles and responsibilities of the involved parties: the principal, obligee, and surety. Principles of Suretyship Suretyship is…
Distinguished Programs Announces Contract Surety Program Led by Trevor Hash
NEW YORK – Distinguished Programs (“Distinguished”), a leading national insurance program manager, has announced the addition of a Contract Surety program, led by Trevor Hash. The program will offer customized contract bonding solutions for businesses in diverse industries. The team aims to launch operations and begin underwriting in the third quarter of this year. Distinguished…