Mutual just made its client pay up after a New York court backed the insurer's right to recover $411,972 on surety bonds ...

Indemnity Bonds: These bonds are triggered based on the actual losses incurred by the bond issuer. They provide coverage tied explicitly to the issuer’s loss experience.

General Indemnity Group, a holding company that focuses on the surety insurance sector, announced the rebranding of its recently merged South Coast Surety Insurance Agency to BOSS Bonds Insurance ...

The bond issuer is paid when losses for an entire industry reach a predetermined threshold, known as an "attachment point." As with indemnity triggers, it can take a long time for an industry loss ...