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…
Recent court rulings in California are setting a precedent that payment bonds used on public projects cannot be transferred to private subcontracting jobs related to the same project. Roger Haerr of California’s Luce Forward law…
Last year New Jersey’s Essex County Office of Small Business Development partnered with The Surety & Fidelity Association of America to provide a free surety bond program to women and minority business owners in the…
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…
Rhode Island Banking Regulation 6 (more formally known as Surety Bond and Minimum Net Worth Pursuant to the Secure and Fair Enforcement Mortgage Licensing Act of 2009) is set to go into effect Jan. 18….