In Kentucky, an insurance agent the offers surplus lines placements must be properly qualified and provide a Kentucky surplus lines broker bond. Insureds unable to secure insurance coverage through a carrier licensed to do business in Kentucky (an “admitted” company) may obtain coverage… Continue Reading →
If you open an enterprise in the State of California subject to subject to the collection of sales tax you may be required to provide a California sales tax bond, also referred to as a California bond of seller The… Continue Reading →
In North Carolina a company engaged in financing insurance premium must be licensed and provide a North Carolina premium finance company bond. North Carolina Department of Insurance regulates premium finance company activities and defines a PFC as any person engaged… Continue Reading →
In Florida a public adjuster must be licensed and provide a Florida public adjuster bond. The Florida Department of Insurance defines “public adjuster” as any person, except a duly licensed attorney at law as exempted under statute who for consideration prepares, completes,… Continue Reading →
To sell automobiles in to the public in Texas you must apply for the appropriate class of dealer license and provide a Texas motor vehicle dealer bond. According to the Texas Department of Motor Vehicles an independent motor vehicle dealer… Continue Reading →
In Utah an individual that applies for a license as a well driller must meet certain qualifications and post a Utah well driller bond with the Utah Division of Water Rights. The applicant must obtain a score of at least… Continue Reading →
An auctioneer that wishes to be licensed in Louisiana must provide the Auctioneers Licensing Board a Louisiana auctioneer bond. An auctioneer’s conduct is regulated by Louisiana Statute Chapter 42, and defines an auctioneer as any person who, for another, with or without… Continue Reading →
An individual or business entity that chooses to operate in Utah must provide the Insurance Commissioner a Utah third party administrator bond. A third party administrator, or “TPA” defined by Utah stature is a person who collects charges or premiums… Continue Reading →
In South Carolina a company engaged in financing insurance premium must be licensed and provide a South Carolina premium service company bond. Essentially a premium FINANCE company surety bond, the obligation must be written in the amount of $50,000 and… Continue Reading →
A funeral service business in Nevada must provide a Nevada funeral seller bond. The bond in the amount of $50,000 is a strict compliance bond in favor of the State of Nevada to inure for the benefit of any person… Continue Reading →
In Connecticut a professional fund raiser must provide a Connecticut fundraiser bond, also known as Connecticut fund raising counsel bond or Connecticut paid solicitor bond. The bond is written to the Connecticut Department of Consumer Protection and guarantees that the fund raiser… Continue Reading →
New York requires any person or business who operates as an employment agency to provide a New York employment agency bond to the New York State Department of Labor. The bond must be in the amount of $5,000 EXCEPT for agencies engaged in… Continue Reading →
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