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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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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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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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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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 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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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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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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Evaluating a principal’s ability to perform an obligation is the final step in the underwriting process. Your ability to get bonds starts, and may end, here. To get approved for […]
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Once you get into a surety bond contract, you should know that there are five elements that should be present before the law will enforce that guarantee. These elements include […]
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