Surety Bond Claims: Communication Is Key

The surety bond industry is a quirky one. Should you already have bonds or foresee needing bonding in the future, it’s important to have good communication with your surety company.[...]

New York Combative Sports Bond

New York legislators have implemented a new bill concerning combative sports. The new bill, which is titled SB 2811, requires individuals conducting combative sports matches to acquire a surety bond[...]

New York Mortgage Broker Bond

New York legislators have re-adopted regulations to implement AB 6924 (2009). The New York Banking Department now requires mortgage loan originators to obtain a surety bond. Should the originator be[...]

New York Mortgage Loan Servicer Bond

Legislators in New York have implemented requirements concerning mortgage loan servicers working within the state. The New York Banking Department has re-adopted rules for mortgage loan servicers to apply a[...]

Turner Construction’s Contract Renegotiation Makes Them Pay

While surety bonds are set up to provide a form of insurance to all parties involved in contracts and large construction projects, they are not completely fail-proof under certain circumstances.[...]

State University of New York Construction Revision

A new bill was enacted in New York State concerning construction projects for the State University of New York (SUNY). The new bill is named SB 2808 and is a[...]