Los Angeles, CA, February 11, 2021 — Surety Bond Authority, Inc., California’s leading Surety Bond Company, is launching a new scholarship opportunity that aims to provide financial assistance to passionate, goal-oriented, and well-deserving students. To participate, interested students must enter … Continued
Surety bonds have been a valuable security tool in the construction industry for decades. This is one of the reasons why the demand for surety bonds in construction projects continues to increase and evolve. Recently, an ordinance that pertains to … Continued
Helping trustees secure the future of a child with special needs What is a Special Needs Trust? A Special Needs Trust (SNT) is a legal arrangement that allows a special needs child to still be eligible to receive government … Continued
Oklahoma Governor Kevin Stitt signed a bill that will create a new credit plan for the State of Oklahoma on April 18, 2019. The bill, known as the Small Lenders Act (SLA), includes a surety bond requirement for applicants for … Continued
A surety bond regulation was recently amended with the passing of a new bill in the state of Wyoming on February 21, 2019. There are two kinds of surety bonds for trust companies that have been affected by House Bill … Continued
Whether a surety bond is required or not, it is still a wise decision to obtain one as protection for certain eventualities, like claims. A surety bond’s protection, however, is something the Principal and the Surety hope to never use—as … Continued
Obtain Medicare billing privileges through this bond! What is a DMEPOS Surety Bond for Dentists? It is a financial guarantee that the Center for Medicare & Medicaid Services (CMS) requires dentists to submit in pursuance to 42 CFR §424.57(c). Dentists … Continued
Arkansas legislators revised a number of requirements for money transmitters through Senate Bill 187. This includes the bond amount that will cover claims made against the bond. Aside from the money transmitter bond amount, the following are a few of … Continued
On March 12, 2019, a new bill that pertains to oil and gas wells in the Commonwealth of Virginia was passed. The bill (SB 1271) affects a number of rules relating to oil and gas wells including an increase to … Continued
Money transmitters in California continue to evolve and reap the rewards of a thriving industry. In 2017, the NMLS Money Services Businesses Industry Report reveals that money transmitters in the country handled $1.24 trillion worth of transmissions. With the development … Continued