Andrew Ancheta is a finance editor who has reported extensively on cryptocurrency, NFTs, economics, and history. He previously worked as an editor for China Daily. David Kindness is a Certified Public ...

Bond insurance, or financial guaranty insurance, is a safety net that guarantees the payment of principal and interest on a bond if the issuer defaults. Read on to learn more about bond insurance and ...

Performance bonds guarantee project completion, reducing investment risk. Investors can seek these bonds to secure against contractor failure. They provide a safety net, improving the reliability of ...

There are two types of bonds that an estimator must understand. First, there is a bid bond also called a bid security or bid guaranty. Second, there is a performance bond. Let’s take a look at the ...

While municipal issuance ended 2023 slightly down, demand for bond insurance continued to grow in 2023 as market participants turned to it for investor confidence, increased market liquidity and ...

For the first time in more than 30 years, the Florida Insurance Guaranty Association tapped the municipal bond market, selling tax-exempt fixed-rate bonds last week to help fund claims from insolvent ...

When an owner requires a contractor to post a payment and performance bond, the contractor, invariably, provides a bond in the form of AIA Document A312-2010. The payment portion of the bond is ...