To clarify on our previous message about Alabama Motor Vehicle Dealer Bond Renewal, we do handle both the $25,000.00 and the $10,000.00 version with the same bond application found below. Thanks again and don’t hesitate to contact us with any quesitons. Alabama Motor Vehicle Dealer Bond Application Jim Dillenburg CCI Surety, Inc. jdillenburg@ccisurty.com 866-317-3294 […]
Alabama Motor Vehicle Dealer Bond Renewal August when the renewal process for Motor Vehicle Dealer Bonds in Alabama must be renewed. Our commercial department handles Motor Vehicle Dealer Bonds in Alabama and we’d be happy to offer you a competitive quote or work on accounts that have weakened and are no longer qualified for their […]
Documents and payment related to BMC-84 quotes must be received before October 1st in order to guarantee they will be in place by the October 1st FMCSA deadline. Previously it was believed that the bond could be back dated to October 1st as long as it was received before October 31st. This has changed and […]
We have been keeping you up to date as much as possible on the change to the $75,000 requirement on freight brokers (BMC-84) bonds. This week the FMCSA has sent out “Revocation of Authority Notices” to freight brokers. If you haven’t already, it is approaching crunch time to reach out to your clients and be […]
Welcome back from the holiday weekend! Some of your clients may be receiving cancellation notices from their surety as early as this week on their $10,000 BMC-84 Bond (formerly the ICC Property Broker Bond). As we have mentioned in the past, the bond requirement for these bonds is increasing to $75,000.00 on October 1st, 2013 […]
BMC-84 Bonds CCI Surety, Inc. Quick Hits – BMC-84 Bonds July, 2013 *UPDATED 5/3/2018 We are excited to announce that we are still quoting the $75,000.00 BMC-84 Bond with very competitive rates. With this program we may also be able to help new companies attain this bond. Get started Now 1. Reply to this email […]
We are happy to announce the new office location for our Tampa, FL office. We hope our clients find the new location more convenient and the expansion of our Southeast Regional office will allow increased capacity to handle accounts that are turned away by standard markets or standard accounts that need to stretch beyond their […]
This February we were excited to report the increases to the new SBA Bond Guarantee Program. In March, we are even more excited to report that we are already having success utilizing the program for bonds that would have previously been too large for the SBA Bond Guarantee Program. Most recently, our Florida Office was […]
All of the accounts we work on are non-standard, which means they always have at least some challenges. Even though we’ve had a long history of success utilizing the old SBA Guarantee Program limits, I was interested to see how working with larger contracts would go. Working closely with the SBA, agent, and contractor we […]
SBA Increases Project Size Limit to $10M – details: Previous Maximum $2M per project New Maximum Project Size $6.5M – On any bond, subject to normal underwriting consideration outlined in the previous SBA Guidelines $10M – Possible on any bond, subject to normal underwriting consideration outlined in the previous SBA Guidelines and performed for a […]
