Are Individual Sureties Under Attack?

2012-11-27T08:00:19-06:00November 27th, 2012|Surety|

The National Association of Surety Bond Producers is pushing a bill called the Security in Bonding Act that will require individual sureties that provide bonds on federal projects to use only assets that can easily be liquidated to quickly fund legitimate claims. It would also require that those assets be placed in the custody and control of the federal government until the project is completed. Individual sureties are individuals - [...]