A fidelity bond (commercial crime coverage) is generally an inexpensive insurance protection when unexpected losses occur due to employee theft. A recent case example was reported by Matthew LeBlanc of the Journal Gazette. “An Auburn man, his sister and her… Continue Reading →
A janitorial services bond is an inexpensive and effective way to protect both your cleaning service AND your clients. Also referred to as a “business services bond” or “dishonesty bond”, this instrument is a third party fidelity bond which insures… Continue Reading →
Are you a California home care provider agency? If so, a new law enacted by the State of California requires you to obtain a $10,000 surety bond. California Assembly Bill 782, dubbed the Home Care Services Consumer Protection Act (HCSCPA),… Continue Reading →
It is well established law in most states that a standard fidelity bond does not cover an insured’s liability to a third party, even though an employee’s dishonesty is what sets into motion a chain of events culminating in that liability. … Continue Reading →
A fidelity bond, often referred to as a commercial crime policy is an EXCELLENT way to cover your business for losses due to the dishonest acts of employees or in certain cases, outside service providers. Traditionally fidelity bonds have been written to cover… Continue Reading →
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