An Illinois court ruled Monday that an insurance company is responsible for paying claims made against its principal’s community currency exchange bonds. Leading up to Hartford Fire Insurance Company v. Bank of America The Illinois…
Georgia House Bill 239, which amended Chapter 1 of Title 7 of the Official Code of Georgia Annotated, was passed into law and went into effect June 1. The law primarily addresses the dissolution of…
A pair of new government regulations have large cat owners in Florida facing snarling teeth other than those of their beloved pets. A reclassification of the cougar (a.k.a. mountain lion, puma and/or panther) by the…
The Small Business Administration’s Office of Surety Guarantees typically assists contractors in securing needed surety bonds up to $2 million. A new law gives the SBA the authority to approve surety bonds up to $5…
Effective March 2010, the Director of Financial Institutions of Illinois offers a new kind of currency exchange bond that is available to certain enterprises that operate within the state. This bond has become increasingly relevant…