If you wish to operate as an electrical contractor in the District of Columbia you must provide a DC Electrical Bond, also called a DC Electrical Surety Bond for Designated Masters, pass the electrical contractor examination and fulfill all licensing… Continue Reading →
An individual or that wishes to operate in the State of Pennsylvania as a title agent must be licensed and provide a Pennsylvania title agent bond. The Pennsylvania Insurance Department is the licensing and regulatory authority overseeing title agents. The Department… Continue Reading →
In Florida any party engaged in the business of financing insurance premiums must be licensed and provide a Florida premium finance company bond. The Florida Office of Insurance Regulation oversees premium finance company activities and defines an insurance premium finance company as… Continue Reading →
A collection agency in the State of Connecticut must be licensed and provide a Connecticut consumer collection agency bond. The state agency regulating debt collection activity, the Connecticut Department of Banking defines a “consumer collection agency” as “any person engaged… Continue Reading →
To engage in the “business” of selling any type of vehicle in the State of Mississippi you must apply for the appropriate class of dealer license and provide a Mississippi motor vehicle dealer bond. According to the Mississippi Motor Vehicle Commission a surety… Continue Reading →
Professionals in Alabama that offer polygraph services must be licensed and provide an Alabama polygraph examiner bond. The licensing authority is the Alabama Polygraph Examiners Board and the regulating statute is Section 34-25. The surety bond is a simple compliance… Continue Reading →
A license from the State Licensing Board for Residential and General Contractors and a Georgia general contractor bond are required for two of the four classes of G.C. bond in the State. Pursuant to Georgia law (O.C.G.A. § 43-41 and… Continue Reading →
In Arkansas, an insurance agent that offers surplus lines placements must be properly licensed and provide an Arkansas surplus lines broker bond. Insureds unable to secure insurance coverage through a carrier licensed to do business in Arkansas (an “admitted” company) may obtain coverage on… Continue Reading →
Do you have the statutorily required ERISA bond in place? Federal ERISA section 412 and related regulations (29 C.F.R. § 2550.412-1 and 29 C.F.R. Part 2580) require that every fiduciary of an employee benefit plan and every person who handles funds… Continue Reading →
Un fideicomiso es un contrato o convenio en virtud del cual una persona, llamada fideicomitente transmite bienes, cantidades de dinero o derechos, presentes o futuros, de su propiedad a otra persona, llamada fiduciaria para que ésta administre o invierta los bienes en beneficio… Continue Reading →
In Arizona an insurance managing general agent must provide an Arizona managing general agent bond and be approved by the Arizona Department of Insurance. Arizona statute defines a managing general agent as an individual or business entity utilized by an insurer… Continue Reading →
If you operate a small sand pit or gravel pit you are not exempt from state and federal reclamation bond requirements. Reclamation planning and bonding is not just for the “big guys”. Even very small sand and gravel pit operations are responsible… Continue Reading →
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