Blog
Bolsters Intact's leadership position in Canada
Brings Intact's North American specialty lines platform close to its $3 billion annual Direct Premiums Written objective
- Adds attractive surety business and expertise on both sides of the border
- Enhances specialty lines with public entity capabilities ...
Nevada’s regulatory stance on cryptocurrency kiosks has shifted, now requiring a state money transmission license
Speaking with CoinDesk, BitAML Senior Advisor Annelise Strader said Nevada abruptly and without announcement changed its regulatory stance on cryptocurrency kiosks.
Following the last legi...
Beginning June 1, the National Supplier Clearinghouse began sending letters to Medicare-enrolled dentists notifying them that a surety bond of at least $50,000 per office location may be required to initiate or continue their Medicare enrollment as a supplier of durable medical equipment, prosthetic...
Construction contracts for commercial projects, including the ongoing boom in apartment projects, routinely require the general contractor and/or the subcontractors to provide performance bonds. Performance bonds are also typically required on government construction projects. Note: Contracts that r...
Following up on our previous bulletin, Performance Bonds: What Project Finance Lenders Should Know, in this bulletin, we compare the widely used Canadian Construction Documents Committee's Performance Bond Form 221-20021 ("CCDC Form") with the new Form 32 – Performance Bond that is mandate...