Tag surety bonds

Contract Surety Bonds in the Times of Coronavirus

Grace Winkler Cranley and Michael J. Weber, counsel and partner with Dinsmore & Shohl LLP, have penned a great piece on the “novel scenarios” that this new “novel virus” has presented surety companies, contractors and project owners. The eight hundred pound gorilla… Continue Reading →

Share this post:

Performance Bond Capacity and Healthy Work on Hand

Contract surety bond underwriting is an art however the artist must also be an analyst. Analyzing the financial condition of a bond principal does not admit creativity. In fact, being “creative” with the numbers is a strict no-no. Coupled with… Continue Reading →

Share this post:

A Reclamation Bond Should be the Preferred Financial Assurance

An interesting article by Kayla Desroches (Report Raises Concerns Over Who Pays For Coal Mining Cleanup), raises concerns about the lack of reclamation bond coverage of mining operations in the State of Montana. Kayla reports, “. . . one of… Continue Reading →

Share this post:

La Fianza en la Construcción

Por medio de la fianza, contratistas pueden acceder al mercado de obras públicas y proyectos más grandes, así mejorando sus ofertas y rentabilidad. Un artículo por el  licenciado Israel O. Alicea, se trata del mismo “Todo sobre las fianzas en proyectos… Continue Reading →

Share this post:

Hemp Producers Should Prepare for Surety Bonds

The Hemp Farming Act of 2018, part of the larger Farm Bill effectively ended the prohibition on hemp cultivation, marketing and distribution. The Hemp Farming Act reverses a prohibition that has stood since the Marijuana Tax Act enacted in 1937,… Continue Reading →

Share this post:

Pawnbroker Surety Bond

Pawnbrokers are considered a form of financial institution and are regulated as one. A pawnbroker surety bond is currently required by approximately twenty states and many municipalities. Generally the surety bond amount is small and guarantees only that the pawn… Continue Reading →

Share this post:

Financial Statements for Contract Surety Bonding

A financial statement is the most important data source for the surety bond underwriter. Although there are a myriad of factors that influence the contract surety bonding underwriter’s judgment of a contractor’s qualifications (financial and otherwise), the financial statement is… Continue Reading →

Share this post:

Georgia Hemp Processor Surety Bond & License 2019

Recent legislation and the delisting of hemp from the federal drug control schedules has prompted the legalization of hemp cultivation in Georgia, although the activity will be tightly restricted at inception. A Georgia hemp processor surety bond will be required…. Continue Reading →

Share this post:

DMEPOS Surety Bond Now Required for Dentists

As of the new year 2019, the Center for Medicare and Medicaid Services will require dentists that provide durable medical equipment and which participate in a CMS billing program to file a DMEPOS surety bond with the Center. Currently the… Continue Reading →

Share this post:

Surety One, Inc. de Puerto Rico ~ Surety Bonds para 2019

Con suma alegría por la gracia de la amistad y lealtad de nuestros estimados clientes, socios y allegados queridos, Surety One, Inc. de Puerto Rico ha gozado de un año estelar. Nos alegra de sobremanera el hecho que hayamos podido… Continue Reading →

Share this post:

Mississippi Lottery Bond

On August 31st, 2018, the governor approved Senate Bill 2001, referred to as the “Alyce G. Clarke Mississippi Lottery Law” to be effective September 1st, 2018. The new statute establishes the Mississippi Lottery Corporation (MLC). Proceeds from the lottery will… Continue Reading →

Share this post:

Pay-if-Paid Clauses’ Effect on Surety Bonds in Florida

Surety bonds in Florida are subject to claims even if the claimant has agreed to a valid pay-if-paid clause in its contract with the principal. Sureties should still require principals to include pay-if-paid clauses in their contracts, despite the protection… Continue Reading →

Share this post:
« Older posts Newer posts »

© 2026 Surety One, Inc. — Powered by WordPress

Theme by Anders NorenUp ↑