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Illinois Motor Vehicle Dealer Surety Bond Amount Increase

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

By Greg Rynerson, CPCU | February 22, 2018

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 […]

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how to verify surety bond

How can a surety bond be verified?

By Greg Rynerson, CPCU | February 14, 2018

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 […]

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cash

Oregon’s New Requirements for Mortgage License

By Greg Rynerson, CPCU | January 8, 2018

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 for all mortgage servicers in […]

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Surety Bond Authority launches scholarship program

Surety Bond Authority Launches Scholarship Program for High School and College Students

By Greg Rynerson, CPCU | December 1, 2017

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 launching a scholarship program that aims to […]

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Surety Bond for Cryptocurrency

Surety Bond for Cryptocurrency: How it works and which states are requiring it

By Greg Rynerson, CPCU | November 27, 2017

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 high with cryptocurrencies, while others […]

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car wash businesses

SURETY BOND UPDATE: The City of New York Increases the Bond Amount Required for Car Wash Businesses

By Greg Rynerson, CPCU | November 20, 2017

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 increased. Under the Car Wash […]

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Surety Bond Requirement for Mortgage Loan Servicers

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

By Greg Rynerson, CPCU | November 13, 2017

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 […]

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surety bond update

SURETY BOND UPDATE: Bigger Opportunities for Small Contractors in New Jersey Thanks to the Amended SBA Surety Bond Program

By Greg Rynerson, CPCU | November 10, 2017

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 Surety Bond Guarantee (SBG) Program […]

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elements to a bond form

Elements to a Bond Form

By Greg Rynerson, CPCU | October 16, 2017

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 state or jurisdiction has its […]

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surety bond fundamentals

Surety Bond Fundamentals

By Greg Rynerson, CPCU | October 9, 2017

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 the co-surety play and subrogation […]

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