Surety Matters

Our blog covering the latest in bonds and insurance
Cyber 07.26.2019

Many Small Businesses Can’t Afford Data Breaches

Equifax recently came to a settlement agreement regarding its 2017 data breach that affected nearly 150 million Americans. Those who had their personal information exposed in the breach are eligible to file a claim, with…
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Many Small Businesses Can’t Afford Data Breaches
Cyber 07.26.2019

Equifax Data Breach Could Cost Company Thousands Per Person

With over 145 million people affected, the 2017 Equifax data breach was one of the largest and most far reaching of all time. Now, with Equifax’s settlement agreement being finalized, those affected by the breach…
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Equifax Data Breach Could Cost Company Thousands Per Person
Cyber 07.23.2019

New York to Receive $19 Million in Equifax Data Breach Settlement

New York State officials announced that the State of New York will receive just over $19 million from Equifax’s settlement after its 2017 data breach exposed the data of nearly 150 million people. Nearly 8.5…
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New York to Receive $19 Million in Equifax Data Breach Settlement
Cyber 07.23.2019

Equifax Agrees to $650 Million in Largest Ever Data Breach Settlement

Two years after a 2017 data breach that exposed the data of nearly 150 million people, Equifax has agreed to pay at least $650 million, and possibly more, in the largest ever settlement for a…
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Equifax Agrees to $650 Million in Largest Ever Data Breach Settlement
Cyber 07.22.2019

Average Cyber Attack Cost Would Close 48% of Small Businesses

Over half of small to medium sized business executives recently declared that suffering a major data breach is more of a threat to their business than a flood, fire, strike, or physical break in to…
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Average Cyber Attack Cost Would Close 48% of Small Businesses
ERISA 07.20.2019

The Pension Professional Dashboard by Colonial Surety

Did you know that there is a way for a third party administrator to manage all of their clients’ ERISA fidelity bonding needs, view renewal history, limit adjustments and much more? And that it is…
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The Pension Professional Dashboard by Colonial Surety
ERISA 07.19.2019

What do the DOL and IRS Look for When Investigating Your Plan?

Investigation and audit from the U.S. Department of Labor and the IRS, respectively, are possibilities that all TPAs need to be prepared for and ready to handle. These investigations can lead to plan liability or…
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What do the DOL and IRS Look for When Investigating Your Plan?
ERISA 07.19.2019

Why Should you get the Bond Compliance Program?

Do you as a third-party administrator wish there was an easy way for you to be able to verify your client’s ERISA fidelity bond coverage when filing the Form 5500? Enter Colonial Surety’s Bond Compliance…
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Why Should you get the Bond Compliance Program?
ERISA 07.19.2019

Efficient Technology Can Level the Pension Professional Playing Field

How can you as a third party administrator or pension professional compete with the company that is able to take on thousands and thousands more plans than you? With innovative technology, you can match the…
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Efficient Technology Can Level the Pension Professional Playing Field