Surety Blog

The ingenious folks at Enron used hundreds of dummy corporations which no one seemed to own, to avoid taxes and hide boatloads of debt.  The Federal Accounting Standards Board (FASB) came up with FASB Interpretation Number (FIN) 46 to avoid this problem in the future.  This is a complicated economic test of related corporations to […]

We only gained 162,000 jobs in July.  Unemployment dropped to 7.4% but that was largely from frustrated people giving up on even trying to find a job.  According to the government, you aren\’t unemployed unless you are actively seeking work.  For some reason, the Fed is apparently more interested in this unemployment rate than total payroll numbers.  Thus,

Does anyone remember that quaint, cute little shopping area once known as Lake Buena Vista Shopping Village?  It was a quiet evening to stroll through the shops, have an ice cream cone, and look at Legos.  My, how time has changed.  In 1986, Disney built Pleasure Island to compete with downtown Orlando clubs, and later

In today’s bonding market, many surety companies are tightening up their underwriting considerably, and are extending less surety credit than ever before.  They are less willing to stretch, even when it makes sense.  Florida Surety Bonds has strong relationships with the best surety companies and represents over 600 contractors throughout Florida.  Our team is focused

    You\’ve gotta have heart! Your prospective bond agent can have experience, fancy cars, technical skills, equipment, pricing, computers, fancy software, and more.   The bonding agency can represent over 30 surety companies, over 600 contractors, and have a couple of offices around the state.  You can have all of that, but what you need

  There are several fine sureties that can provide a bond for you under $350,000 if you have clean personal credit.  No need for expensive CPA statements or all the other paperwork sureties normally require.  If you are looking for standard bonds under $750,000 and have good credit, there a couple sureties that could consider

Effective October 1st, 2013, it will become illegal to operate a motor vehicle while using a wireless communication device for non-voice communication.  This does not apply to a car that is stationary and is not being operated.  It also does not apply to a driver of a police car, ambulance, or firetruck.  It also does

If it is the owner who is asking, that would be an emphatic yes.  An owner has a very vested interest in who the subcontractors and suppliers are to the general contractor.  Under the Florida Lien Law, if the general contractor fails to pay a supplier or subcontractor, then the owner may have to pay

As a contractor, you know better than your surety what is happening in the construction marketplace.  You see certain contractors who are so desperate for work that they are bidding work at unprofitable levels just to keep their crews busy.  You know that a contractor cannot sustain their operations with unprofitable work.  You also know

We only gained 162,000 jobs in July.  Unemployment dropped to 7.4% but that was largely from frustrated people giving up on even trying to find a job.  According to the government, you aren\’t unemployed unless you are actively seeking work.  For some reason, the Fed is apparently more interested in this unemployment rate than total payroll numbers.  Thus,