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…
Mixed martial arts is a rough sport. State legislatures are increasingly taking note and requiring promoters have surety bonds to protect against possible damage to people or property during matches. The latest state to look…
‘Tis the season for shoplifting. A piece in an edition of this week’s New York Times highlighted the rise in employee theft at retailers nationwide. For many, fraudulent gift cards are the weapon of choice….
New regulations in Texas mean a new surety bond on the market. The Texas legislature recently enacted new requirements governing companies that provide identity recovery services. Traditionally, these contracts in Texas required an insurance policy…
A new initiative just launched by the Dormitory Authority of the State of New York aims to increase access to surety bonds for minority- and women-owned construction contractors. The authority’s Surety Bond/Capital Access Program will work…