Surety bonds are crucial instruments that protect obligees from losses resulting from a principal's failure to meet contractual or legal obligations. Widely used in construction, real estate, government contracting, and court proceedings, surety bonds have become an essential part of risk management across various industries. https://www.openpr.com/news/4106422/surety-market-to-reach-usd-26-78-billion-by-2034-growing-at-3-42