What is an Appeal Bond?

What is an Appeal Bond?

Surety bonds are an essential aspect of many industries, providing a guarantee that a party will fulfill its obligations. Appeal bonds, also known as supersedeas bonds, are a type of surety bond used to stay enforcement of a judgment pending appeal. In this blog post,...
Is it a clip or a clp or a scrip?

Is it a clip or a clp or a scrip?

At Lexington National Insurance Corporation, we’re experts on providing insurance for service contract providers. So, we get lots of questions from those who are thinking of getting in to the service contract business, or for those who have never delved in to the...
Service Contract Provider Bonds

Service Contract Provider Bonds

Have you ever purchased a service contract (sometimes referred to as an extended service plan or extended warranty) for your home, car, or consumer good? Most states regulate sellers of service contracts and require that the entity selling the contract has adequate...