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 →
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 →
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 →
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 →
In California, a credit repair specialist must follow mandatory registration protocols and file a California credit services organization bond in order to offer his or her services with the state. A “certificate of registration” is required of all market participants…. Continue Reading →
On July 14th, 2016, the Bureau of Ocean Energy Management (BOEM) “notified companies holding oil and gas leases in federal waters that it is updating the surety bond and risk management requirements to ensure that U.S. taxpayers never have to pay… Continue Reading →
La “Ley 272” de Puerto Rico establece que los dueños de las propiedades de alojamiento uplementario a “corto Plazo” cobran un impuesto igual a un siete por ciento (7%) del costo de la habitación por concepto del “Impuesto sobre el Canon por Ocupación de Habitación”. El… Continue Reading →
After months of delay on the legislation, West Virginia has approved rules modifying the AST and Horizontal Well Acts. The bonding /financial assurance section has amended the requirements to focus on ensuring corrective actions in the even of an accidental… Continue Reading →
Do you enjoy pictures to go along with surety bond and fidelity bond product information? No problem! Surety One, Inc. is now on Pinterest. Visit our board at http://www.pinterest.com/SuretyOne/surety-one-inc/ for photos and short, informative posts about bonds, the bonding environment and… Continue Reading →
If you offer immigration consultancy services in California, your license compliance just got more expensive! Applications submitted after May 30th and existing consultants must now provide a California immigration consultant surety bond in the amount of $100,000, double the previous… Continue Reading →
In order to operate a household moving service in the State of Florida you must obtain the appropriate license and provide a Florida household moving service bond. Florida statute defines a “household moving service” as loading of household goods into a… Continue Reading →
To make high interest loans and accept goods in pawn in Oregon you must be licensed and provide an Oregon pawnbroker bond. The pawnbroker license is issued by the Department of Finance & Corporate Securities. ORS 726 and OAR 441-740 are the statutes which regulate pawnbrokers,… Continue Reading →
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