Surety Blog

Florida Surety Bonds recently celebrated 18 years in business!  We are proud to have grown into an agency with three locations that helps over 1,000 contractors to achieve their goals.  Florida Surety Bonds is dedicated to providing excellent service, and will continue to hire customer service representatives in the coming year to that end.  We […]

Beginning on January 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 53.5 cents per mile for business miles driven, down from 54 cents for 2016 17 cents per mile driven for medical or moving purposes, down from 19 cents for 2016 14 cents

On Thursday, Port Tampa Bay officials unveiled a master plan for the various businesses within and surrounding the port. \”Vision 2030\” maps out the growth and new development for the next 15 to 20 years. The new plan aims to help Port Tampa Bay grow not only by establishing new business but also building upon

Starting in tax year 2016, the deadline for filing Forms W-2 and 1099-MISC (when reporting non-employee compensation in box 7) will now be January 31, 2017. This is a month earlier than the previous deadline date of February 28. This new deadline is for all employer Forms W-2 and 1099-MISC returns, both electronic and paper returns.

A surety bond is a three-party agreement where the Surety (an insurance company), assures the Obligee (the Owner or Prime Contractor) that the Principal (bonded Contractor) will perform a contract.  Contrary to popular belief, a bond is not insurance, but an extension of credit.  It just happens to be issued by an insurance company.  Although

Site-Specific Safety Plans “SSSPs” are developed to prevent accidents on the job site by being pro-active with anticipating and eliminating hazards. The potential hazards are identified up front and safe work practices are defined to eliminate/control those hazards. The minimum elements of an SSSP should include things like: Having the subcontractor’s project manager, superintendent and

  Pinktober 2016! Today, the team at Florida Surety Bonds wore pink in support of Breast Cancer Awareness.

Sarah, Jenna, Cheryl, Sonja and Kim represented the FSB Team at this year\’s POPS Bowling Battle! Florida Surety Bonds was proud to be a sponsor at the 2nd Annual POPS Bowling Battle in support of the Professional Opportunities Program for Students. The POPS charity mentors locals high school kids who lack good parental support, and

A new $200 million, 34.5 acre, mixed-use community is coming to Lake Mary and construction is set to start next week. Griffin Farms at Midtown will be an upscale town center on the southwest corner of Lake Mary Blvd and Longwood Lake Mary Road and is set to bring a little bit of everything –

As a follow up to an article we had in our Summer newsletter, an article in the Insurance Journal confirms that the Florida Office of Insurance Regulation has given contingent approval for a statewide workers’ compensation rate increase. They agreed on an increase of 14.5% which will take effect December 1, 2016. Read the full