SURETY BOND UPDATE: Changes Made to the Kentucky Revised Statutes Allows Alternative Bonding Program for Surface Coal Mining and Reclamation Permit Applicants

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In April of this year, the honorable Governor of Kentucky signed House Bill 261. The said bill contains several changes, one of which pertains to the surety bond requirement of surface coal mining and reclamation operations permit applicants. In the … Continued

What You Should Know About Surety Bond Indemnity Agreement

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

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

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