SURETY BOND BLOG

Monthly Archives: June 2011

JW Surety Bonds will be closing at 12:00 PM EST on 07/01/2011 and will remain closed all of 07/04/2011 for Independence Day. We will reopen on 07/05/2011 at 8:30 AM EST. Have a great 4th of July!

Freight brokers play an important role in delivering thousands of varieties of goods to people all over the country. There is a lot of financial risk within the freight business so there are safeguards in place to make sure everyone plays fairly. The main issue is that many freight brokers run into the expenses of read more »

Legislators in New Hampshire enacted new legislation concerning executor bonds. The new legislation is named HB 609 and states that when a person dies testate (with a valid will) and there is no surviving spouse leaving an only child as the sole beneficiary and administrator of an estate, a bond will not be required of read more »

Indiana public officials are affected by a new bill which alters the surety bond required of them. The bill is named HB 1025 and states that the surety bond required of public officials is no longer an annual bond. The SFAA realized that if the bond was annual it could make it cumulative throughout a read more »

Legislators in the State of Georgia have implemented a new surety bond bill concerning driver training schools. The new bill, which is titled HB 269, raises the current surety bond required of driver training schools from $2,500 to $10,000 in order for them to stay legal with the state. The higher bond amount provides four read more »

Legislators in Oregon have made some changes to the existing surety bond requirement concerning landscape contractors. The new bill which applies the change is titled HB 2156 and affects landscape contractors with $15,000 bonds; the surety bond will now guarantee backflow assembly testing services provided by employees of the contractor; the contractor’s installation and upkeep read more »