New legislation in New York will require professional wrestling match promoters and hosts of combative sports matches—including mixed martial arts (MMA)—to post surety bonds. S 5949A passed in April and will take effect on September 1,…
Kentucky Senate Bill 117 requires all Kentucky pharmacy benefit managers to get licensed by the Kentucky Department of Insurance to practice in the state. To get licensed, you must purchase and file a $1,000,000 surety…
Charter schools established for those incarcerated at juvenile detention centers in Oklahoma may be required to purchase a surety bond following Senate Bill 1069‘s passage. The bill modifies legislation that had established the Office of Juvenile Affairs (OJA) as…
Some contractors in Alabama will face a bid bond increase following the April 28 passage of Senate Bill 175. Individuals bidding on public works contracts with the Alabama Department of Transportation (ALDOT) will need to post a…
Peabody Energy, a St. Louis-based coal mining company, has purchased surety bonds to cover reclamation costs in Colorado. The bond purchase follows a complaint filed by WildEarth Guardians—an environmental advocacy group whose efforts are focused on…