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Understanding the Terms and Conditions of a Surety Bond

Understanding the Terms and Conditions of a Surety Bond

By Greg Rynerson, CPCU | July 25, 2018

Why should I learn about the terms and conditions of a surety bond? Isn’t this the job of a surety or an underwriter? Yes, it is. But in the spirit […]

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Persons Qualification to Perform

Why Character Might Be the Most Difficult Yet the Most Important Factor in Evaluating a Person’s Qualification to Perform

By Greg Rynerson, CPCU | July 18, 2018

“Most people say that it’s the intellect which makes a great scientist.  They are wrong: it is character.” Those are the words of the genius that was Albert Einstein. He […]

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Bonding Program for Surface Coal Mining and Reclamation Permit Applicants

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

By Greg Rynerson, CPCU | July 14, 2018

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 […]

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Commercial-Surety-Bond-Claims-What-It-Is-and-How-It’s-Done

Guide to Surety Bond Claims

By Greg Rynerson, CPCU | June 13, 2018

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 […]

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Surety Bond Modification

Can a Surety Bond Principal Have a Bond Modified?

By Greg Rynerson, CPCU | May 29, 2018

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 […]

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What You Should Know About Surety Bond-Indemnity Agreement Hand Shake

What You Should Know About Surety Bond Indemnity Agreement

By Greg Rynerson, CPCU | May 13, 2018

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 […]

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How to renew Surety Bond

The Different Types of Surety Bond Renewals and Extensions

By Greg Rynerson, CPCU | May 4, 2018

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 of the different […]

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understanding surety bond form parts

Surety Bond Form Anatomy, Explained

By Greg Rynerson, CPCU | April 19, 2018

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 […]

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Bail Bondsman Refuse to Bail a Defendant Out

Can a Bail Bondsman Refuse to Bail a Defendant Out?

By Greg Rynerson, CPCU | April 13, 2018

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 […]

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california liquor license surety bond

Applying for a California Liquor License Soon? Here’s How to Do It Right.

By Greg Rynerson, CPCU | April 5, 2018

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, […]

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