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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 are brushing it off as nothing but a digital nuisance that will eventually crash. It has been referred to as gold 2.0 by some devotees. …
Surety Bond for Cryptocurrency: How it works and which states are requiring it Read More »
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 which will benefit small contractors in the State of New Jersey. The amended program – which started on the 20th of September 2017 – allows …
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 surety bond form language to enforce the bond lawfully. Bond forms can be obtained at a specific state agency or regulation department. To understand the …
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 rights to have a deeper understanding of how sureties work (it’s not just about issuing bonds, you know?). But first, we review the laws of …
State laws have been enacted in recent years which restrict Principals from effecting cancellation or nonrenewal except under specified circumstances. Providing the Surety a written notice that reasons the need for cancellation is helpful for determining if we are allowed by law to do so. For example: In California, there is a state statute indicating …
In the process of obtaining surety bonds, you may come across the underwriting process. This process is quite intimidating, especially to new surety bond applicants. Here, we provide a brief overview of how surety bond underwriters identify risks, understand terms and conditions, and evaluate the Principal’s three C’s. This outline also includes information the surety …
The Surety Underwriting Process: What You Need To Know Read More »
Surety Bond Services are now available in Alaska with Surety Bond Authority California-based surety bond provider is now offering its surety bond services to the State of the Last Frontier. Los Angeles, CA, May 30, 2017 – Surety Bond Authority, Inc, a full-service California-based surety bond company, is now offering its surety bonds and surety …
Surety Bond Authority Launches Surety Bond Services in Alaska Read More »
Many states in the U.S. have already legalized medical marijuana including Arizona, Arkansas, New Mexico, etc. States like California and Nevada have legalized marijuana for both medical and recreational use. In several marijuana-legalized states, there are commissions and organizations charged with overseeing and drafting their state’s medical marijuana program established by voter approval. Voters approve …
Medical Marijuana Dispensaries: Surety Bonds for Selling Pot Read More »
LOS ANGELES – March 27, 2017 — Surety Bond Authority Inc., a premier surety bond company based in California, announces that they will be now offering surety bond services required in the State of Arizona. The company will be providing clients direct access to a list of available surety bonds in Arizona through its website. “Securing …
Surety Bond Authority Inc. Expands Service Reach to Arizona Read More »
Greg Rynerson, CEO of a California-based surety company, Surety Bond Authority Inc, answers in detail on what you need to know about Construction Surety Bonds. Today, many small, emerging, and even large-scale contractors looking to secure surety bonds and expand their businesses have many questions about construction bonds as required by state laws. Greg Rynerson, …
Construction Surety Bonds: 10 Important Questions and Answers Read More »
