Surety bonds are often issued by banks and insurance companies. They are usually obtained through brokers and dealers who, like insurance agents, obtain a commission on sales. State Regulations All […]
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What Fleets Should Know About Freight Broker Bonds
Securing the freight broker bond is required to operate legally. It functions as a contract to protect both the carrier and the shipper. Graphic: HDT Whether you’re a motor carrier […]
Read moreInsurers keen to launch surety bonds, but infrastructure companies may have to wait longer for booster dose
The infrastructure sector has been eagerly waiting for insurance companies to offer surety bond products beginning April 1, when the insurance regulator’s guidelines come into effect. However, infrastructure firms may […]
Read moreContractor Materials Shortages and Materials Price Inflation
We all know well that the availability and prices of many of the materials used by construction contractors have been affected dramatically since the start of the Covid 19 pandemic. […]
Read moreSellers of Travel
The sellers of travel law requires any person or business that is a seller or promoter of travel-related services to register annually with the Florida Department of Agriculture and Consumer […]
Read moreWhy private construction jobs are requiring surety bonds, too
Bruce Bennett via Getty Images Jacqueline Greenberg Vogt is chair of the Construction Law Practice at Mandelbaum Barrett PC, a law firm based in Roseland, New Jersey. Opinions are the […]
Read moreOrphaned oil wells costing taxpayers a bundle Updated for 2023
The bipartisan infrastructure package signed into law back in November included $4.7 billion of our tax dollars for plugging and cleaning up abandoned or orphaned oil and gas wells. These […]
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