Oklahoma reduces athlete agent bond amount
Approved by Gov. Mary Fallin on May 1, 2012, Oklahoma House Bill 2967 reduced the surety bond amount required of athlete agents from $250,000 to $50,000. The change went into effect on November 1, 2012….
Pennsylvania changes surety bond requirement for public adjusters
On October 3, 2012, Pennsylvania HB 424 went into effect, changing the surety bond requirement for public adjusters in Pennsylvania. The new law complies with the the model established by the National Association of Insurance…
SuretyBonds.com recognizes employees during processor appreciation week
Last week, SuretyBonds.com honored our hardworking team of processors during our annual processor appreciation week. The week-long event takes place during the week of Administrative Professionals Day, which fell on Wednesday, April…
Ohio now requires surety bonds for unincorporated nonprofit associations
Signed into law on February 21, 2012, Ohio HB 267 revises the Uniform Unincorporated Nonprofit Association Act by establishing a procedure for when an unincorporated nonprofit association needs to be placed in receivership. This law…
Ohio enacts surety bond requirement for exotic animal owners
Wild animals don’t always make good pets, but several states give the benefit of the doubt to owners of large, exotic — and sometimes dangerous — animals. To ensure individuals who choose to domesticate these…