Every surety seeks zero problems in all of the commercial bonds that they issue. But suretyship isn’t perfect. Nobody is. Mistakes can happen. And that’s why surety bond claims are made. Since the surety is the one who practically … Continued
Making Obtaining One Easier Than Ever Before Even for High-Risk Applicants Los Angeles, CA, June 13, 2018 — Today, Surety Bond Authority officially introduced its DMEPOS Bond service to all 50 States. A surety bond is required of every … Continued
Yes, the principal can. A surety permits the principal to make changes to the surety bond. The principal can have an information updated, corrected, or modified even if the bond is still in effect. Let’s say, for example, you … Continued
Signing an indemnity agreement is a standard procedure when obtaining a surety bond. It is second to the last step in the bond process – just right before the bond is issued. As the word suggests, indemnity means protection or … Continued
If you’ve been searching for some insight regarding the upcoming renewal of your surety bond, you’ve come to the right place. We’ll give you a clear understanding about the different types of surety bond renewals and extensions, and how … Continued
It’s easy to get confused about the sections, wording, or clauses of a surety bond form, especially in the beginning. But it’s important to have a good understanding of it because it contains significantly more … Continued
The short answer is yes. A bail bondsman can refuse to bail a defendant out. It’s a common occurrence in the industry. But there’s more to this than just a simply hunch from a bail bondsman or the current mood … Continued
Many first-time restaurateurs, bar owners, or liquor store owners are confused about the process of obtaining a California liquor license. Yes, both the state, the Department of Alcoholic Beverage Control, and the counties does impose plenty of rules … Continued
The California marijuana industry has been undergoing a series of major changes since the third quarter of 2016. The latest one is the approval of the first surety bond program by the Department of Insurance of the State … Continued
While it’s true that surety bonds are not as intimidating – nor as expensive – as they may seem, it can also be safely said that they’re not the easiest things in the world either. What we meant by that statement is that the same criteria … Continued