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Mortgage Loan Originators

Bond Legislation Updates June 10, 2011

Georgia Mortgage Loan Originators No Longer Need Individual Surety Bond

Georgia House Bill 239, which amended Chapter 1 of Title 7 of the Official Code of Georgia Annotated, was passed into law and went into effect June 1. The law primarily addresses the dissolution of…


Ohio Athletic Commission

License & Permit Bond Resources May 24, 2011

Ohio Athletic Commission requires surety bonds for combative sports promoters

In regulating the state’s combative sports industry, the Ohio Athletic Commission requires promoters to post two different surety bonds. The $20,000 Boxing, Mixed Martial Arts and Tough Person Promoters Surety Bond (also known as “Boxing…


Surety Bond News April 5, 2011

Free surety bond program for women and minority-owned small businesses in New Jersey

Last year New Jersey’s Essex County Office of Small Business Development partnered with The Surety & Fidelity Association of America to provide a free surety bond program to women and minority business owners in the…


Virginia Contractor Bond

Bond Legislation Updates March 20, 2011

Virginia Contractor Bond Threshold Increases to $500,000

The Virginia legislature has passed a bill that raises the minimum contract amount required for bid, performance and payment bonds. House Bill 1951, entitled “Public Procurement Act,” increases the minimum contract amount from $100,000 to…


Wild Animal Owners Surety Bond

Surety Bond News February 23, 2011

Wild Animal Owners Surety Bond Required in Florida

A pair of new government regulations have large cat owners in Florida facing snarling teeth other than those of their beloved pets. A reclassification of the cougar (a.k.a. mountain lion, puma and/or panther) by the…


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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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