What is Contract Surety Underwriting?
When you try to purchase a bid or performance bond, it has to go into “underwriting” before you can actually receive your bond. So what exactly is contract surety underwriting and what goes into the…
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Florida Probate Court Personal Representative Bond Requirements
Here’s something you probably didn’t know: when you’re named as a personal representative in a Probate Court case in Florida, the court requires you to purchase an estate bond to protect interested persons in the…
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How to Make Sure Your Subcontractors Finish Their Work
As the construction industry has rebounded since 2008 and continued to grow to this day, the biggest concern in the industry is finding dependable, qualified resources, specifically subcontractors, to work with on new and ongoing…
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Why Does Your Plan Need an ERISA Fidelity Bond?
Plans can very easily come under threat. Whether it’s from larceny, forgery, embezzlement, or misappropriation, theft, and fraud are unfortunate facts of plan administration. So how do you protect your plan against those threats of…
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How to Contract Student Bus Services in New Jersey
Nearly every New Jersey school needs to provide some sort of transportation to get students to and from school. But what are the requirements of contracting student bus and transportation services in New Jersey? And…
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What is a Surety Bond?
Click here to get a Surety Bond A surety bond may be required for a range of activities including gaining a contractor’s license to appealing a court case to obtaining a mortgage broker license. But…
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Ontario’s New Construction Act Brings Contract Surety Changes
Ontario’s Bill 142, the province’s new Construction Act, is the largest set of new construction rules the province has seen in 35 years. With the first part of the Act in effect in July 2018, we wanted to…
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What Even Lawyers Don’t Know About New York Surrogate’s Court
The Surrogate’s Court in the State of New York hears cases involving the affairs of decedents, the administration of estates, the probate of wills, and adoptions. But did you know that even lawyers don’t know…
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ERISA Advisory Council Recommends New DOL ERISA Bond Guidance
In a November 6, 2018 ERISA Advisory Council report, the Council recommended the Department of Labor (DOL) issue new ERISA fidelity bond guidance after evaluating current DOL regulations and guidance. In the report to Secretary of Labor…
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