1. Introduction In Florida’s competitive construction industry, financial integrity is paramount. The Financially Responsible Officer (FRO) ensures payroll, tax remittances, and vendor payments are managed properly. To demonstrate this commitment, Florida law requires...

Introduction Operating games of chance—whether raffles, sweepstakes, bingo, or promotional contests—can be a powerful way for businesses and nonprofit organizations to engage customers and raise funds. However, both New York and Florida impose strict requirements to...

For creditors’ rights attorneys handling foreclosure actions in Maryland and the District of Columbia, posting a trustee’s bond—also known as a foreclosure bond—is a mandatory step to satisfy court requirements and move forward with a sale. Lexington National...

Subdivision bonds play a crucial role in ensuring that the public infrastructure commitments made by developers are honored—and Lexington National Insurance Corporation stands ready to back those commitments with the financial strength and responsive service that...

In today’s digital economy, online marketplaces have become central to how we shop, sell, and interact with products and services. With that evolution, new challenges around consumer protections and platform accountability have emerged. To address these concerns,...

The Alabama Department of Insurance has issued Bulletin No. 2024-05, announcing a new bond requirement for nonresident surplus lines brokers. Effective January 1, 2025, all nonresident surplus lines brokers will be required to file a surety bond in favor of the State...