Surety Matters

Our blog covering the latest in bonds and insurance
Court Bonds 04.11.2019

How to File an Appeal in New York Courts

Losing parties in trial courts are entitled to appeals in New York courts. But how exactly do you go about appealing your case? You have to start with a notice of appeal. This written paper…
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How to File an Appeal in New York Courts
Contract Surety 04.11.2019

Surety vs. Insurance in Contract Surety

Surety bonds and insurance may seem similar and come from similar companies, but they are not the same thing, especially in contract surety. With Colonial Surety, contractors are essentially able to establish a line of…
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Surety vs. Insurance in Contract Surety
Contract Surety 04.11.2019

Pre-Bid Due Diligence is a Key for Contractors

Evaluating subcontractors and material distributors in a construction project while having clear, quality contracts can be the difference between making profits or suffering a loss. That’s why it’s so important for contractors to do due…
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Pre-Bid Due Diligence is a Key for Contractors
Contract Surety 04.11.2019

New Union City Construction Bonding Rules In Place

Union City, New Jersey has enacted a new resolution at its recent Board of Commissioners meeting, changing the type of bonds issued by the city to construction companies. The city is now requiring performance bonds;…
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New Union City Construction Bonding Rules In Place
Contract Surety 04.11.2019

Joint Ventures Let Companies Share Bonding Responsibility

Joint ventures are surely more complicated than just taking on a project yourself. But utilizing the skills and aptitude of a joint venture partner can provide great benefit while also mitigating your company’s risk. As…
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Joint Ventures Let Companies Share Bonding Responsibility
Contract Surety 04.11.2019

Key Provisions in School Construction Contracts

Not every school construction project can go 100% swimmingly. Some are going to have delays or errors or go over budget. And the best way to guard against these roadblocks in school construction is a…
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Key Provisions in School Construction Contracts
Court Bonds 04.10.2019

Appeal Bond Requirements Vary By State

While Federal Rule of Civil Procedure 62 provides the general rule for supersedeas bonds in federal courts, many states have adopted and reformed their appeal bond statutes to help defendants more easily secure their right…
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Appeal Bond Requirements Vary By State
Court Bonds 04.10.2019

New York Guardianship Fiduciary Bonds

In New York, a guardian may have to purchase a court ordered guardianship fiduciary bond to protect the person who needs a guardian, not the guardian him or herself. This bond ensures that the ward…
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New York Guardianship Fiduciary Bonds
Contract Surety 04.10.2019

New Musk Digger Could Revolutionize Construction

Elon Musk, founder of Boring Co., stated on Twitter that he is about a month away from presenting the Line-Storm, the company’s new tunnel boring machine (TBM). While current technology allows about ten minutes per…
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New Musk Digger Could Revolutionize Construction