In the past few months, the construction industry has offered a lesson in the value of surety bonds. When contractors leave major building projects in limbo or abandon them altogether, one of two things happens….
‘Tis the season for shoplifting. A piece in an edition of this week’s New York Times highlighted the rise in employee theft at retailers nationwide. For many, fraudulent gift cards are the weapon of choice….
Bond amounts for mortgage brokers are changing in Washington state. A new method for determining bond amounts for mortgage brokers and consumer loan licenses will take effect January 1. The requirements will now be determined…
New regulations in Texas mean a new surety bond on the market. The Texas legislature recently enacted new requirements governing companies that provide identity recovery services. Traditionally, these contracts in Texas required an insurance policy…
Aimed at protecting consumers, the Texas legislature recently passed new legislation governing mortgage originators. The law was signed into effect by Gov. Rick Perry on June 19 and took effect immediately. In short, the law…