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surety bond vs letter of credit

Surety Bonds vs. Letters of Credit: The Ultimate Guide for Insurance Agents

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Surety Bonds vs. Letters of Credit: The Ultimate Guide October 22nd, 2020 Federal, state, and local governments require many businesses to obtain a license to ensure that they engage in ethical business practices. To protect the public should the business fail to do so, businesses are often asked to post a form of “financial security” …

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new jersey student loan servicer bond

New Jersey Shores Up Student Loan Servicer Regulations

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New Jersey Shores Up Student Loan Servicer Regulations October 1st, 2020 Today, we published a new article to Suretypedia, a wiki based site that contains valuable information for insurance agents seeking to learn more about bonds. The article details new legislation passed in New Jersey requiring student loan servicers to obtain a license and purchase …

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private school bond

Tuition Pressure from COVID Squeezes Private School Bonds

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September 17th, 2020 Tuition Pressure from COVID Squeezes Private School Bonds Schools nationwide have been struggling to justify already inflated tuitions as COVID-related mandates have moved most instruction on-line. To start the school year, many schools invited students back to campus for in-person instruction, only to send them home a few weeks later, after having …

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