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Surety Bond Guarantee application

Surety Bond News August 6, 2012

SBA streamline Surety Bond Guarantee application process for contractor bonds

The Small Business Administration recently ruled to amend the regulations surrounding its Surety Bond Guarantee application process. In an effort to streamline the application process for contract bonds in amounts less than $250,000, the SBA…


vocational schools

Bond Legislation Updates July 31, 2012

Illinois private business and vocational schools surety bond requirement

Intending to improve the way Illinois provides “for the protection, education, and welfare of the citizens…and welfare of the students of its private business and vocational schools,” the Private Business and Vocational Schools Act of…


Insurance Administrators

Bond Legislation Updates July 30, 2012

With surety bonds, insurance administrators in Idaho can file unaudited financial reports

In March of this year, the U.S. House of Representatives passed Idaho HB 420 with a unanimous vote. Insurance administrators must still file a $100,000 Idaho surety bond before they can be licensed. When filing…


immigration consultant surety bond

Bond Legislation Updates July 26, 2012

Utah establishes $50,000 immigration consultant surety bond requirement

Utah Governor Gary R. Herbert signed Senate Bill 144 into law March 23, 2012. The law, which requires an immigration consultant surety bond, went into effect on July 1, 2012. These bonds must be issued…


Texas oversized highway permit surety bonds must be renewed

Surety Bond Renewals July 12, 2012

Texas oversized highway permit surety bonds must be renewed

Super heavy or oversized highway permit surety bonds in Texas expire on August 31, 2012. If you drive on Texas-maintained roads and bridges and haul a load that’s beyond the legal weight limit, width, height…


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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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