Monthly Archives: February 2019

2019 Construction Projections

Government backed infrastructure projects are prized contracts for contractors and subcontractors alike.  How the infrastructure and construction forecasts look for each year is always of utmost importance to companies as they explore new opportunities. At South Coast Surety, we prepare our brokers and agents to meet the needs of construction clients providing the most current [...]

By | 2019-02-27T19:30:59-08:00 February 26th, 2019|contract bonding, insurance agents|0 Comments

What Businesses can use Surety Support?

In my last column we discussed how a Bond-Only Surety Managing General Agency, like South Coast Surety, can act as an independent insurance agent’s own surety department. Today we are going to chat about the many businesses that can benefit and grow their business with a good Surety relationship established for bidding and bonding contracts. [...]

By | 2019-02-27T19:56:51-08:00 February 26th, 2019|contract bonding, insurance agents|0 Comments

2018 Change to Iowa Beer, Wine & Liquor Permit Regulation: New Surety Bond Requirement

The Iowa Alcoholic Beverage Division revised its laws concerning beer, wine and liquor sales effective September 5, 2018.  The most impactful among the new requirements is the mandate for surety bonds. New applicants must obtain a surety bond prior to application submission.  All existing license holders must obtain a surety bond before license renewal. The [...]

By | 2019-02-27T20:00:19-08:00 February 20th, 2019|insurance agents|0 Comments