It’s a sad fact of business life: employees steal. There are two kinds of employee theft a company needs protection against, and different surety bonds cover each one—dishonesty bonds and business service bonds. It can be…
Appraisal management companies wanting to do business in New Mexico must now post a surety bond in order to secure a license. Part of a nationwide crackdown on AMCs, New Mexico became the latest state…
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…
The landscape has changed for time share developers, purchasers and brokers in Connecticut. New legislation that took effect on Jan. 1 ushered in new consumer and taxpayer protections in the industry. Time share developers are…
In the past few months, the construction industry has offered a lesson in the value of surety bonds. When contractors leave major building projects in limbo or abandon them altogether, one of two things happens….