What You Should Know About Surety Bond Indemnity Agreement - image  on https://suretybondauthority.com

4 Mistakes First-Time Surety Bond Buyers Make and How to Avoid Them

    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

SURETY BOND UPDATE: Illinois Motor Vehicle Dealer Surety Bond Amount Increase

posted in: Blog, License and Permit Bonds | 0

    The motor vehicle dealer law in the State of Illinois has been relatively unchanged for quite some time. But since the 1st of January 2018, newly amended provisions of the Illinois Vehicle Code has taken effect. The changes will include a surety bond increase for new vehicle dealer and used motor vehicle dealer license … Continued

How can a surety bond be verified?

      Much has been said about the key players of a surety bond, the process of obtaining a bond, and the role a surety bond plays in a specific industry or business. However, the issuance of a surety bond is not the final … Continued

SURETY BOND UPDATE: Surety Bond Requirement for Mortgage Loan Servicers is Reinstated in New York

As of July 23, 2017, the Superintendent of Financial Services of the State of New York has reinstated Part 418 of the Superintendent’s Regulations and Supervisory Procedures. This section will obligate non-exempt mortgage loan servicers (MLS) to register with the … Continued

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