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If you have contacted another surety agency that has never heard of the bond you need, call our firm. We are experienced and have probably issued the bond in the past.
Issues With Administration Bonds

Issues With Administration Bonds

Today, we're going to talk about issues that come up when you are dealing with Administration Bonds, specifically when minor children are involved. Typically, what happens is that an Administrator is appointed, and if someone has died intestate or without a Will, the...

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A Surety Bond Guarantee

A Surety Bond Guarantee

Today, I would like to discuss a particular type of surety bond, referred to as a surety bond guarantee, and furnished as evidence of financial right and responsibility under the Oil Pollution Act of 1999 and the Comprehensive Environmental Response Compensation and...

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Underwriting Surety Bonds

Underwriting Surety Bonds

Today, I want to talk about our approach to underwriting surety bonds. We try to take a multi-step approach where we look at the client’s financials, the bond risk, and the different ways we can secure the client's assets, if needed, from both an indemnity and a...

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Self-Insured Retention Plans

Self-Insured Retention Plans

Self-Insured Retention Plans often require security to be put up against the self-insured portion of the plan. Insurers agree to take a risk over a certain level, provided the company retains the risk below a certain level. Insurers are willing to do this because...

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Surety Bond vs Letter of Credit

Surety Bond vs Letter of Credit

I recently had several situations where a client put up a letter of credit for an obligation that could have used a surety bond instead. A letter of credit is issued by and is the obligation of a bank. Many clients have a relationship with a bank, but not with a...

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We Need Collateral!

We Need Collateral!

One of the favorite things surety bond agents love to say is either “No,” or "We need collateral." If you approach somebody who does not know or is not familiar with this specific type of bond, the default is to say: No surety is writing this bond. We are not aware of...

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