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Bond Legislation Updates March 5, 2010

Bonds Now a Requirement for New Mexico Appraisal Management Companies

Appraisal management companies wanting to do business in New Mexico must now post a surety bond in order to secure a license. Part of a nationwide crackdown on AMCs, New Mexico became the latest state…


Surety bonds are needed for mixed martial arts operators

Surety Bond News February 25, 2010

Surety Bonds Needed for Mixed Martial Arts Operators

Mixed martial arts is a rough sport. State legislatures are increasingly taking note and requiring promoters have surety bonds to protect against possible damage to people or property during matches. The latest state to look…


connecticut

Bond Legislation Updates February 17, 2010

New Bonding Regulations for Connecticut Time Shares

The landscape has changed for time share developers, purchasers and brokers in Connecticut. New legislation that took effect on Jan. 1 ushered in new consumer and taxpayer protections in the industry. Time share developers are…


contractor

Contract and Construction Resources February 11, 2010

Contractor Problems Show Value of Surety Bonds

In the past few months, the construction industry has offered a lesson in the value of surety bonds. When contractors leave major building projects in limbo or abandon them altogether, one of two things happens….


employee theft

Surety Bond News December 30, 2009

Bonds Protect Companies Against Rise in Employee Theft

‘Tis the season for shoplifting. A piece in an edition of this week’s New York Times highlighted the rise in employee theft at retailers nationwide. For many, fraudulent gift cards are the weapon of choice….


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What is a surety bond? Learn more below.
What Does It Mean to be ‘Bonded’?

What Does It Mean to Be ‘Bonded’?

The phrase “licensed, bonded and insured” appears frequently in business advertising—but what does it mean?


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