Sometimes people won't listen to solid advice unless it directly effects them. Unfortunately, some people simply need to learn the hard way before they make more sound decisions. This can be seen almost every time suretyship makes its way to the news. Since surety bonds are not the most exciting thing in the world, you typically only hear about them when there is a problem, especially when it

A good portion of a bond producers day is spent educating clients. The average person does not know what a surety bond is. Too often, people think that a bond can guarantee risk problems that it can not. Usually, this is from a misinformed government official, a lawyer that isn't worth their student loans, or a "clever problem solver" that thinks of unviable solutions. In other words, you can

I have written many articles about the hard surety bond market. To my surprise, many want to know more details as to how we got to where we are at. Like all industries, the surety bond industry is heavily influenced by the economy. We can all remember the strength of the US economy at the end of the millennium; it seemed that businesses were flourishing with prosperity everywhere you turned.

The surety bond market is currently a very conservative market. Contract and commercial bond departments throughout the nation have tightened up their underwriting practices due to enormous loses throughout the industry. Many sureties have had to close their doors, other have had their ratings drop to a level where they can not write the same business they could in years past. Obviously this

I was browsing the web the other day seeing what others in the surety bond industry are currently doing. I saw several agencies claim "The Fastest Approvals", "The Quickest Turnaround Time", etc. Unfortunately, many advertised statements just simply are not true, but you didn't need me to tell you that! The agencies required that their applications be faxed in for approval. From this

At JW Bond Consultants, Inc., we are always striving to beat the expectations of the client. We realize that suretyship is something that many know little to nothing about. We have provided multiple online resources in order to better educate our principals and make them feel more comfortable with the process of obtaining their bond. We have several different informative sections throughout our

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