New regulations adopted by the Alaska Division of Insurance mandate that as of November 26, 2015, all air ambulances that have operated in Alaska for less than two years need to obtain a $100,000 surety bond…
The newly passed Senate Bill 580 amends Section 13 of ORS 671.690 by creating a new bond tier in order to protect consumers from any harm resulting from the actions of a landscape contractor. The maximum…
As covered previously by the Surety Bond Insider, new legislation signed into law last June becomes effective on January 1, 2016. This new law, Senate Bill 574, requires that all restoration contractors in Oregon must…
Underwritten title companies in California that engage in escrow business or act as escrow agents must now post a surety bond. Assembly Bill 704 introduces the new regulation, effective July 1, 2016. The bill will…
Louisiana home service contract providers must adhere to regulations outlined in Louisiana Senate Bill 152. Among these requirements, SB 152 includes a provision requiring the purchase of a surety bond. Home service contract providers must…