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  • June 25, 2025 | Iowa Introduces New Insurance Adjuster Regulations
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  • May 19, 2025 | Pennsylvania Adds New Bond Requirement Under Wholesale Prescription Drug Laws
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used tire

Surety Bond News November 6, 2015

Illinois Used Tire Facilities May Post Bond as Financial Guarantee

The Purpose of Used Tire Facilities In an effort to curb the detrimental effects caused by improper treatment of used tires, Title XIV of the Illinois Environmental Protection Act specifies that only designated facilities may remove or dispose of used…


mortgage servicer

Surety Bond News November 3, 2015

New York Re-Adopts Mortgage Servicer Bonding Regulations

The New York Banking Department has implemented emergency regulations concerning registration and bonding for mortgage loan servicers operating in the state. Under the regulations, all mortgage loan servicers in the state must register with the Banking…


private vocational schools

Bond Legislation Updates October 27, 2015

Oklahoma Private Vocational Schools Revise Bond Requirements

The Oklahoma Board of Private Vocational Schools (OBPVS) has revised the surety bond requirement for private schools found in the Oklahoma Administrative Code 565:10-9. New private vocational schools must now post a bond of at least…


car wash surety bond

Bond Legislation Updates October 23, 2015

New York City Implements Car Wash Bond Requirement

Update: Effective December 4, 2017, all New York City car washes are required to have a surety bond in an amount of $150,000. For more information, see our recent blog post or visit our dedicated NYC…


motor vehicle dealer

Bond Legislation Updates October 19, 2015

Oklahoma Used Motor Vehicle Dealer Licensing Changes

Oklahoma used and wholesale motor vehicle dealer licenses are now being issued for a period of 2 years, to be renewed on December 31 of each odd numbered year. Previously licenses had to be renewed annually. The…


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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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