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Bond Legislation Updates October 19, 2011

Alabama Health Studio Surety Bond

How much does an Alabama health studio bond cost? The Alabama Office of the Attorney General Consumer Protection Division requires all studios selling health studio services in the state to post a $50,000 surety bond….


License & Permit Bond Resources October 12, 2011

Finance Industry Surety Regulations Reinforce Integrity

Given the increasingly unstable state of the economy, it’s no wonder so many instances of fraud and malpractice have emerged from the finance industry’s woodwork. Fortunately, government agencies frequently mandate the use of finance industry…


Tennessee Postsecondary Educational Institutions Bond

Bond Legislation Updates September 7, 2011

Tennessee Postsecondary Educational Institutions Bond Updated

A new Tennessee postsecondary educational institutions bond went into effect August 31. Section 49-7-2008 of the Tennessee Code Annotated now requires each in-state postsecondary institution to post a $10,000 surety bond. Each out-of-state postsecondary institution…


Connecticut Mortgage License Surety Bond

Bond Legislation Updates August 26, 2011

Connecticut Mortgage License Surety Bond Increase

Effective October 1, a Connecticut mortgage license surety bond will cost more. The change will affect mortgage lenders, correspondence mortgage lenders, mortgage brokers and mortgage loan originators who need to be bonded as a part of…


Surety Bond News August 25, 2011

Louisiana home elevation program to require surety bonds

Since Hurricane Katrina tore through the Gulf Coast in 2005, homeowners in Louisiana have been fighting to make sure their homes are safe from future natural disasters. Through the Hazard Mitigation Grant Program, the Federal…


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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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