Talent agencies in Florida can avoid singing the blues by renewing their talent agency bonds before they expire on June 1. Failing to renew a bond on time means a lapse in surety insurance coverage, which could result in penalties issued by the government agency that requires the bond.
Florida’s Department of Business and Professional Regulations requires each talent agency to maintain a $5,000 bond to keep their licenses in good standing. All talent agencies can get a free surety bond quote online through SuretyBonds.com.
According to Florida statutes
“A license is not required for a person who acts as an agent for herself or himself, a family member, or exclusively for one artist. However, a person may not advertise or otherwise hold herself or himself out as a ‘talent agency’ or ‘talent agent’ unless the person is licensed under this section as a talent agency.”
The bond amount can be use to provide reparation for any individual who was aggrieved as a result of the talent agency’s misconduct.
Florida talent agencies will submit their original bond forms to:
Division of Professions
1940 North Monroe St.
Tallahassee, FL 32399
For more information on the licensing renewal process, travel agencies can reach the Division of Professions at (850) 487-1395.