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Bond Legislation Updates September 5, 2012

Texas Mortgage Loan Originator Bond Requirement Protects Against Mortgage Abuse

In the wake of the recession, reports of mortgage servicer companies mishandling accounts and using inappropriate business practices have substantially increased. To combat this problem, Texas established a new registration process for mortgage loan servicers…


Sand Creek Wastewater

Bond Legislation Updates August 30, 2012

Mississippi Sand Creek Wastewater Authority Board Members Need Surety Bond

Signed into law on May 5 by Gov. Haley Barbour, HB 1533 established the Sand Creek Wastewater Authority. Members of the board of directors must each post a minimum $10,000 public official surety bond. The…


lost instrument surety bonds

Surety Bond News August 23, 2012

Issuing lost instrument surety bonds to ZeekRewards investors could be risky

Insurance companies and surety providers alike should be wary of clients seeking to purchase lost instrument surety bonds as a result of the recent ZeekRewards fallout. The U.S. Securities and Exchange Commission (SEC) shut down…


Surety Bond Assistance Program

Contract and Construction Resources August 22, 2012

The New York State Surety Bond Assistance Program for Contractors

New York State Surety Bond Assistance Program The NYS Surety Bond Assistance Program (NYSBAP) is set in place by the New York government to provide technical and financial assistance to contractors looking to secure a…


South Dakota Grain Warehousemen Bond

Bond Legislation Updates August 15, 2012

South Dakota Grain Warehousemen Bond Claim Process Updated

Regulations for grain warehouses, grain buyers and warehouse receipts in South Dakota were revised on February 24, 2012, when Gov. Dennis Daugaard signed South Dakota HB 1036 into law. One aspect of HB 1036 revised…


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What is a surety bond?
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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