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🔍 Why Choose Jurisco for Your Surety Bonds? Did you know that Jurisco offers a wide range of surety bonds tailored to your specific industry needs? From judicial to fiduciary bonds, Jurisco specializes in providing fast and efficient bonding solutions. Plus, our experts are here to guide you through the process, ensuring you understand all your options. Tap to learn more about the right bond for your business! #SuretyBonds #Jurisco #BusinessGrowth

🔍 Why Choose Jurisco for Your Surety Bonds? Did you know that Jurisco offers a wide range of surety bonds tailored to your specific industry needs? From judicial to fiduciary bonds, Jurisco specializes in providing fast and efficient bonding solutions. Plus, our experts are here to guide you through the process, ensuring you understand all your options. Tap to learn more about the right bond for your business! #SuretyBonds #Jurisco #BusinessGrowth

A general indemnity agreement is a legal document signed by your company and major shareholders personally, indemnifying the surety against loss they may incur because of bonds they wrote for your company. Generally, if a surety incurs costs on your behalf, they will expect to be reimbursed by you. The terms and conditions of the indemnity agreement are important for you to understand. Be sure to read the indemnity agreement. If you have questions, we can give you insight into when certain clauses are usually invoked and how that might affect you. #Construction #SuretyBonds #AlterSurety

A general indemnity agreement is a legal document signed by your company and major shareholders personally, indemnifying the surety against loss they may incur because of bonds they wrote for your company. Generally, if a surety incurs costs on your behalf, they will expect to be reimbursed by you. The terms and conditions of the indemnity agreement are important for you to understand. Be sure to read the indemnity agreement. If you have questions, we can give you insight into when certain clauses are usually invoked and how that might affect you. #Construction #SuretyBonds #AlterSurety

Navigating surety claims can be complex and challenging. If you're facing issues with surety claims, Foster & Company is here to help. Whether you're a contractor, subcontractor, or surety provider, we can assist you in resolving disputes and ensuring that your rights are upheld. #FosterandCompany #FrederictonLawOffice #atlanticlawfirms #SuretyClaims

After the last couple years of desk adjusting CAT, daily and insolvency claims, I’m taking that experience to the world of field adjusting. Super pumped to take my skillset to the field 😎 #claims #claimsadjuster #adjuster #insuranceclaims

🌊 Dive into 'Tide' - Your go-to source for essential marine law updates! 🚢 In the latest edition of our marine newsletter, our experts cover: -Marine liability insights -Key tips on restrictive covenants -Strategies for effective debt recovery Plus, meet Verity Slater, our B Corp Champion, and discover how we're leading in sustainable business practices. 📞 Need support? Contact Christopher Tofts and the Marine team at Stephens Scown today and don’t forget to sign up to our newsletter and never miss our legal updates: https://lnkd.in/eQs5FdS6 #MarineLaw #DebtRecovery #Newsletter

I recently conducted a mediation concerning the fire loss of a residence, between, on one side, the homeowners and their insurer, and on the other side an international corporation. Prior negotiations had stalled. Our negotiations were tough, but we got to a resolution that each party could live with. I cherish such opportunities where I can make a difference, serving the interests of all parties. #adr #mediations #arbitrations

SURETYSHIP A suretyship agreement is built on two separate legal relationships, involving three main actors: the creditor, the principal debtor and the surety. The principal legal relationship is the one between the creditor and the principal debtor. The principal debtor must have a legal obligation to pay the creditor. Without its existence the secondary or accessory legal relationship between the creditor and the surety does not come into being. If there is no legal obligation on the principal debtor to pay the creditor, the surety has no obligation to do so either. This holds true even if the suretyship agreement also makes the surety a co-principal debtor.

Before signing a commercial surety bond form, make sure you know exactly what the fine print says and what your obligation could be. We decipher four examples of tricky language. Learn more. #declaringforfeit #rushingthecheckbook #forcedconfessions #ratingsrequirements