Post by – Joe Allen – Timing is of the utmost importance! As November begins (already!) many contractors are looking to finalize their end of year bond needs. There is a reason so many standard carriers utilize CCI Surety as a referral resource. Our in-house underwriting authority, experience, and relationships in the industry allow us […]
Post by – Joe Allen – Upcoming Bond Renewals – 12/31/2009 Illinois ✯Designated Agent✯ ✯Residential Mortgage License✯ Indiana ✯Mortgage Broker✯ Louisiana ✯Motor Vehicle Dealer✯ Michigan ✯Mortgage Loan Originator✯ Montana ✯Motor Vehicle Dealer✯ Nebraska ✯Collection Agency✯ ✯Motor Vehicle Dealer✯ ✯Motorcycle Dealer✯ ✯Wholesaler✯ Oklahoma ✯Motor Vehicle Dealer✯ Texas ✯Comptroller✯ Market Update CCI Surety now has the capability […]
Post by – Joe Allen – Upcoming Bid Bond needs? Performance & Payment Bond needs? As we near the end of Summer, there are still many contractors looking to secure bid and performance & payment bonds. If your contractor has been declined, is looking to bid a project larger than their current program, or is […]
Post by – Joe Allen – $100,000 FL Financially Responsible Officer (FRO) Bonds CCI Surety, Inc. now has the ability to quote FL FRO bonds with NO CREDIT CHECKS and NO INDEMNITY! FL Construction Industry 660 License Bonds CCI Surety, Inc. now has the ability to quote FL Construction Industry 660 License Bonds with NO INDEMNITY and starting […]
Post by – Joe Allen – Upcoming Renewals: *BMC-84 Bonds – October* *IL Plumbing Contractor License Bonds – September 30th* *AL Auto Dealer Bonds – September 30th* *AL Fundraising Bonds – September 30th* Updates: *AL Auto Dealer bonds will be increasing to $50,000 effective 10/1/2020* Contact CCI Today! Have a completed submission from another market? […]
Post by – Joe Allen – Effective August 19, 2019! The SBA has increased the size standards for their Surety Bond Guarantee Program! Previous limits: GC/Heavy Highway – $36.5MM Specialty Trades – $15MM New Limits: GC/Heavy Highway – $39.5MM Specialty Trades – $16.5MM SBA Quick Program – $400,000 and Under Large Contractor Program – […]
Post by – Joe Allen – Commercial Bond News The Iowa Pharmacy Board recently signed into law new regulations requiring all wholesale drug distributors to post a license bond or letter of credit for $100,000. IA Wholesale Distributor License Bond Missouri has introduced a new license bond requirement for rental companies. This new bill will […]
Post by – Joe Allen – $75,000 BMC-84 Bonds Many $75,000 BMC-84 bonds will be up for renewal in the coming months. If you have any clients with new or non-renewing bond needs, let us know! Our experienced staff is ready to help with all your commercial bond needs! *ERISA* *Motor Vehicle Dealer* *Wage & Welfare* *License & […]
Post by – Joe Allen – Why am I being required to obtain a Bid Bond? A bid bond provides financial protection to an owner if a bidder is awarded a contract but fails to sign the contract or fails to provide the required performance and payment bonds. Bid bonds also help screen out unqualified […]
Post by – Joe Allen – Contractors Outside of “Sticks & Bricks” CCI Surety, Inc. has the ability to bond more than just “sticks & bricks” construction. We can bond a wide variety of contractors, many of which are being declined only due to the type of work they perform. Some include: *Trash Removal* *Janitorial* […]
