Surety Matters

Our blog covering the latest in bonds and insurance
Surety Bonds 10.28.2020

Bound To Deal Junk?

To say the least, some retailers are succeeding during the pandemic by delivering a lot of new belongings to customers across the country. Stuck at home, consumers with means are shopping. What’s happening with all…
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Bound To Deal Junk?
ERISA 10.27.2020

Year End Communications About Retirement Savings

The IRS has announced that the elective deferral limit for employee contributions to 401(k) plans for 2021 will remain at $19,500. However, it’s still an important time of year for plan sponsors to communicate with…
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Year End Communications About Retirement Savings
ERISA 10.27.2020

ERISA Pre-dates Modern Computing But Cybersecurity Counts!

  As retirement plan sponsors juggle compliance with ERISA—and the evolving landscape of cybersecurity threats—legal experts advise increased diligence. Stay Current The first known use of the word cybersecurity was in 1989—nearly fifteen years after…
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ERISA Pre-dates Modern Computing But Cybersecurity Counts!
Court Bonds 10.27.2020

Scams Are On The Rise: Protect The Elderly!

  If you are responsible for the well-being of an elderly person, now is a good time to update safety measures aimed at increasing protection against scams and identity theft. Guardians and Conservators: Take Extra…
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Scams Are On The Rise: Protect The Elderly!
License & Permit Bonds 10.27.2020

Selling Used Cars? Get a DMV Bond!

If you have an entrepreneurial spirit (or if you are just hoping to buy a reasonably priced car), you’ll want to take note of this trend: used cars are in huge demand, with prices skyrocketing…
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Selling Used Cars? Get a DMV Bond!
Surety Bonds 10.27.2020

What are VA Fiduciary Bonds?

The United States Department of Veteran’s Affairs (VA) cares for, serves and honors America’s veterans. The VA’s “fiduciary program” provides oversight of benefits for the most vulnerable veterans—those who cannot manage their benefits on their…
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What are VA Fiduciary Bonds?
Contract Surety 10.26.2020

Colonial Surety Company Introduces Simplify And Partner: A New Online Digital Approval Process for Contractors

WOODCLIFF LAKE, NJ October 26, 2020 Colonial Surety Company is thrilled to announce the launch of a direct and digital pre-qualification process for bid and performance I-Bonds®, empowering contractors across the country to simplify, partner,…
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Colonial Surety Company Introduces Simplify And Partner: A New Online Digital Approval Process for Contractors
ERISA 10.24.2020

401(k) Class Action Suits on The Rise: Protect Yourself and Your Plan

Benefits lawyers are currently experiencing a flood of lawsuits related to 401(k) plans. Plan sponsors need to closely follow ERISA regulations and ensure protection for retirement plans—and themselves. Challenging 401(k) Plan Fees An analysis by…
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401(k) Class Action Suits on The Rise: Protect Yourself and Your Plan
10.24.2020

Guardianship and Guardianship Bonds: Important Updates

When a court orders a guardianship for someone deemed unable to safely make their own decisions, a fiduciary bond is generally required. These court-mandated guardianship bonds are critical and must be obtained quickly from a…
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Guardianship and Guardianship Bonds: Important Updates