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DME: A Vital Industry Supported by Surety Bonds

2024-03-13T17:45:19-04:00March 13th, 2024|Bonds, News|

Durable Medical Equipment Suppliers (DME) play a crucial role in healthcare. DME includes wheelchairs, hospital beds, oxygen equipment, and many other devices designed to aid mobility, manage chronic conditions, and promote recovery. What is a Medicare DMEPOS Bond? DME suppliers who want to bill Medicare (the federal health insurance program for those

Oklahoma Enforces $50,000 Bond Requirement for Marijuana Growers to Protect Environment and State Resources

2023-08-16T13:41:20-04:00June 19th, 2023|Bonds, News|

Oklahoma City, OK - Governor Kevin Stitt has signed Senate Bill 913 into law, imposing a $50,000 bond requirement for all commercial marijuana growers in Oklahoma. The bond will act as a security deposit to fund necessary remediation in cases where grow operations are abandoned or licenses are revoked. The new legislation addresses

Florida’s Medical Marijuana Licenses

2023-05-23T11:06:44-04:00May 23rd, 2023|Bonds, News|

Your Guide to Surety Bonds and How Our Agency Can Help Florida's medical marijuana industry is poised for unprecedented expansion as the Florida Department of Health opens an application window to review additional Medical Marijuana licenses. With plans to add up to an additional 22 new licenses, this surge will effectively double the

Understanding the Maryland Foreclosure Bond

2023-04-19T12:31:31-04:00April 19th, 2023|Bonds, News|

An In-Depth Look at the Maryland Foreclosure Bond, Its Cost, and Who Needs One The Maryland foreclosure bond, also known as the mortgage lender license bond, is an essential requirement for individuals and businesses engaging in the mortgage lending industry within the state. This bond aims to protect the state and consumers from

Florida Car Dealer Bond Renewal

2023-04-10T19:20:39-04:00February 15th, 2022|Bonds, News|

As a Florida motor vehicle dealer that sells used, wholesale, or salvaged cars, don’t let the renewal date of April 30th sneak up on you! If you need your surety bond renewed, we can do it today! Click here to fill out our simplified Florida Auto Dealer Bond application TODAY! Don’t forget, call us, and ask about our discounted rates,

Marijuana Bond

2022-01-04T13:43:01-05:00January 4th, 2022|Bonds, News|

Did you know that the marijuana industry is one of the fastest-growing industries in the country? The marijuana bond is no exception to this! Whether you need a marijuana surety bond in Maine, California, Georgia, Illinois, New York, Nevada, Arizona, or any state in between, American Surety Bonds has got you covered! Click

Bond Fraud

2022-01-04T13:34:51-05:00January 4th, 2022|Bonds, News|

“BEWARE!! Bond Fraud can happen to any contractor, obligee, supplier, or owner, no matter the size. While it is not common, bond fraud is still possible, and can negatively impact both the client (yourself) and the surety company. That’s why with American Surety Bonds, you will have peace of mind. We are licensed in

Arkansas Money Transmitter License

2021-10-15T15:29:03-04:00October 15th, 2021|Bonds, News|

Calling all razorbacks and those who conduct business in the state of Arkansas! Are you in need or required to furnish a money transmitter license, mortgage broker license, mortgage servicer license, and/or a mortgage banker license? If you said yes, you are in luck, American Surety Bonds Agency is here to assist you!

DoD Surety Bond

2021-08-31T11:52:25-04:00August 31st, 2021|Bonds, News|

Calling all freight carriers, freight forwarders, freight brokers, and those who transport military freight! Are you new or in need of the required DoD surety bond? Are you an existing DoD contractor looking for a renewal on your current license mandated by the SDDC or Surface Deployment and Distribution Command? Well, have no