Coal companies will have to post higher reclamation bonds for surface mines under an emergency rule filed by the State Energy and Environment Cabinet. The rule is effective immediately. “The state has been discussing the issue of inadequate bonds for… Continue Reading →
Because bid bonds as small, usually 2.5% to 10% of the total project proposal, it would seem simple for a surety company to just just charge a fee and issue them. So why don’t we write them freely? The answer… Continue Reading →
Inevitably, petroleum companies specializing in horizontal drilling or hydraulic fracturing, also known as “fracking“, will find their way into every state where shale or other gas-rich deposits may be located. Many states and municipalities have taken actions to regulate this… Continue Reading →
We receive on average fifty requests per week for Texas motor vehicle title bonds. Most applicants are unsure about what bond amounts are needed. Generally, the bond must be equal to or greater than the fair market value of the… Continue Reading →
SI, hablamos español! ¿Usted necesita una fianza pero requiere la ayuda de un corredor de seguros que puede entenderle? NO hay problema! Mucha gente hispanoparlante coge mucha lucha conseguir un representante de seguro que habla español. Que dichoso es usted!… Continue Reading →
Illinois mining companies will have to post higher reclamation bonds for surface mines under an emergency rule filed by state regulators Friday. Surety One, Inc., has a BIG appetite for these. Our speedy surety bond underwriting can put a reclamation… Continue Reading →
Are your company retirement plan managers bonded? 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 or other property… Continue Reading →
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