Surety Bond News, Blog, and Updates
Discover the Latest News and Insights on Surety Bonds
Stay informed and confident in every bond decision. Explore our collection of expert guides, industry updates, and helpful resources designed to make surety bonds simple and accessible. Whether you’re a contractor securing a performance bond, a business meeting license requirements, or a professional navigating court obligations, you’ll find clear answers and practical insights here.
Surety Bond Industry Updates
Explore industry news and helpful resources tailored for contractors, businesses, and professionals.
SURETY BOND UPDATE: Illinois Motor Vehicle Dealer Surety Bond Amount Increase
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,…
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…
Oregon’s New Requirements for Mortgage License
Senate Passes Bill Requiring Mortgage Servicers in Oregon to Acquire a License The passing of Senate Bill 98 in August of 2017 signals a change…
Surety Bond Authority Launches Scholarship Program for High School and College Students
Scholarship program aimed at students pursuing Accounting, Banking, and other finance-related fields LOS ANGELES – Nov. 21, 2017 — Surety Bond Authority, a California-based surety bond company, is…
Surety Bond for Cryptocurrency: How it works and which states are requiring it
Cryptocurrency is a double-edged sword depending on whom you talk to, or at least read about online and in print. Some are getting a virtual…
SURETY BOND UPDATE: The City of New York Increases the Bond Amount Required for Car Wash Businesses
To protect the employees of car wash businesses in the City of New York, the surety bond amount required for the said businesses has been…
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…
SURETY BOND UPDATE: Bigger Opportunities for Small Contractors in New Jersey Thanks to the Amended SBA Surety Bond Program
Surety Bond Update for Small Contractors in NJ with Surety Bond Authority The U.S. Small Business Administration has recently announced the changes made to the…
Elements to a Bond Form
Surety bonds are not limited to a specific contract. The scope of the contract guaranteed by the Surety is outlined in the bond form. Each…
Surety Bond Fundamentals
From Basic Laws, Co-Surety Roles to Subrogation Rights In this article, we tackle the surety bond fundamentals – from its basic laws to roles of…
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