Ohio state Auditor Dave Yost is recommending that Ohio should require surety bonds for Medicaid providers. The Medicaid bonds would allow the state to recover overpayments and fraudulent charges more easily.
Oil and gas well operators in New Mexico are now subject to the new regulations outlined in Senate Bill 189, which amends the existing Oil and Gas Act. The bill, passed on February 14, 2018, establishes new requirements that well operators must meet to operate in any part of the state.
If you’re a nonbank mortgage loan servicer in Pennsylvania and not prepared for the new state licensing rules, you’ll need to get started soon! Governor Tom Wolf signed Pennsylvania Senate Bill 751 into law back in December last year. The bill brings a number of new rules that nonbank mortgage servicers in Pennsylvania will need to follow to operate as mortgage providers in the state.
While consumers often confuse insurance and surety bonds, agents understand that these products are very different, and each requires an agent with unique skills and experience to secure the best prices. As an insurance agent, it can seem counterintuitive to send your insurance clients elsewhere when they need help securing a surety bond, but you might be surprised to learn that referring your clients to a surety bond specialist can be good for business! Continue reading “How Insurance Agents Retain Clients By Referring Them To Surety Bond Agencies”
You may have heard about surety bonds but aren’t really sure what they are… Many people get confused between bonds and insurance but although they appear similar they can have very different implications for both businesses and consumers.
When it comes to buying a surety bond one of the first questions applicants ask is, “how much will the bond cost?” Surety bonds come in many types, many sizes…and many prices, ranging from as little as $100 to thousands of dollars. So, what determines the cost of a surety bond? Well, a number of factors.
California now boasts the largest legal market for recreational marijuana in the US after new laws came into effect on January 1, 2018 that legalized the industry within the state. Continue reading “Marijuana Surety Bonds in California”
When the tax deadline approaches each year many people rely on professionals to help with their personal and business tax returns, and if you work in tax preparation you’re probably already experiencing the surge of the tax season rush. Continue reading “Surety Bonds Needed for Nevada Tax Preparers”
If you’ve never heard of a sales tax surety bond before don’t worry, you’re not alone! A sales tax bond is a type of surety bond that’s generally only required if you operate a business in certain industries. Continue reading “Why Your Business Might Need a Sales Tax Surety Bond”
Guardianship bonds fall into the category of court bonds. Courts often step in to appoint guardians when a person is mentally or physically incapacitated, elderly, or a minor. Continue reading “Surety Bonds for Guardianship”