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  2. Surety - Wikipedia

    en.wikipedia.org/wiki/Surety

    A surety bond is defined as a contract among at least three parties: [1] the obligee: the party who is the recipient of an obligation; the principal: the primary party who will perform the contractual obligation; the surety: who assures the obligee that the principal can perform the task; European surety bonds can be issued by banks and surety ...

  3. Performance bond - Wikipedia

    en.wikipedia.org/wiki/Performance_bond

    A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. The term is also used to denote a collateral deposit of good faith money , intended to secure a futures contract , commonly known as margin .

  4. Commercial general liability insurance - Wikipedia

    en.wikipedia.org/wiki/Commercial_general...

    Whether or not general liability insurance covers construction defects or "faulty workmanship" is a matter of some debate, as some insurers have viewed poor workmanship as a risk that is covered by a surety bond rather than an insurance policy given that a construction professional may have some influence (through attention to detail, skill, and effort) over whether such a defect occurs.

  5. Casualty insurance - Wikipedia

    en.wikipedia.org/wiki/Casualty_insurance

    It may include marine insurance for shipwrecks or losses at sea, fidelity and surety insurance, earthquake insurance, political risk insurance, terrorism insurance, fidelity and surety bonds. One of the most common kinds of casualty insurance today is automobile insurance. In its most basic form, automobile insurance provides liability coverage ...

  6. What Happens If You Lose a Cashier's Check? - AOL

    www.aol.com/news/happens-lose-cashiers-check...

    An indemnity bond is a type of surety bond that creates a binding agreement between two parties. The principal in an indemnity bond is the entity that has a financial responsibility to the second ...

  7. This Illinois roofing company is accused of cheating ... - AOL

    www.aol.com/finance/illinois-roofing-company...

    Car insurance premiums in America are through the roof — and only getting worse. ... Research from JW Surety Bonds reveals that about one in 10 Americans has been scammed by a contractor.

  8. Auto transport broker - Wikipedia

    en.wikipedia.org/wiki/Auto_transport_broker

    Known as a Freight Broker Bond, it exists to primarily serve as an insurance policy for motor carriers , in the event that a freight broker fails to remit payment to a carrier when required to do so by a load contract. A motor carrier can "file" against a broker's surety bond if a broker fails to honor the payment terms of a contract.

  9. The mother allegedly called 911 Wednesday morning, Oct. 9, to report that she had shot her son, according to police. Inside the family’s Wichita, Kan., apartment, police found 16-year-old Robert ...

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