Freight brokers are an important force in the American economy, helping connect shippers of products with carriers to make sure that deliveries are made, keeping the world going round and round. After all, more than 11 billion tons of goods traveled by truck in 2018 according to the American Trucking Association. Without the work of dedicated freight brokers, the complex logistics that get these goods across the country would break down, leaving us without the products we all rely on. In order to become a freight broker and join this group of crucial service businesses, you need to obtain a freight broker bond.
Continue reading “Everything You Need to Know About Freight Broker Bonds”
Relocating a loved one into a nursing home can be a challenging decision that needs to be handled with care. Patient trust bonds, also known as nursing home bonds, play an important role in the peace-of-mind that nursing home residents and family members have in the care facility that they decide to use. In this post, we’ll explore some of the important factors relating to patient trust bonds, so that your care facility can be properly equipped to support those in need. Continue reading “6 Facts to Know About Patient Trust Bonds”
In September of 2018, the state of Iowa enacted new surety bond requirements for those looking to craft and sell alcohol in the state. This change primarily affects “Class A” and “Special Class A” beer and wine permit holders in the state. If you’re in the craft beer, wine, or liquor business, you may want to familiarize yourself with these new rules. In this post, we’ll take a general look at these changes, so that you can make sure you’re well equipped to follow the alcohol regulations of the state. Continue reading “What’s Brewing in Iowa? New Brewer’s Bond Requirements”
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.
Continue reading “Surety Bond Rates Explained”
Mobile home dealerships that sell either new or used mobile homes are often required to maintain a mobile home dealer bond. Continue reading “The Basics of Mobile Home Dealer Bonds”
Pest control bonds are designed to protect consumers and ensure that any business that uses pesticides obeys all state and federal regulations regarding the use of these substances. These license and permit bonds need to be maintained as long as the business remains operational. Continue reading “The Basics Of Pest Control Bonds”
For many business owners in the US, surety bonds are essential in helping their business grow and stay compliant with all state and federal regulations. Whether you operate a business that requires you to maintain a license or permit bond or intermittently need a contract bond to cover specific projects, it’s vital that you stay up to date with surety bond requirements in every state that your company conducts business in.
Continue reading “Surety Bond Updates Across the United States”
As of November 11, 2017, any business operating as a real estate appraisal management company in New Jersey was required to have a surety bond in place to become officially registered with the Real Estate Appraiser Board. Continue reading “Surety Bonds Required for New Jersey Real Estate Appraisal Management Companies”
The Canadian Center for Economic Analysis recently published the results of a study, conducted on behalf of the Surety Association of Canada, on the economic value of surety bonds in the country. CANCEA studied 150,000 bonded projects completed by 10,000 construction firms over the last 20 years to assess the impact these bonds had on the economy of the surrounding area. The study highlighted 5 key important findings: Continue reading “Study Shows the Long-Reaching Economic Value of Surety Bonds in Canada”
Staying ahead of the game is vital if you want your construction business to be a success. So what trends should you expect to see and what changes will you need to adopt to keep your business moving forward in 2018? Continue reading “Construction Industry Trends for 2018”