Blog

ERISA Surety Bonds: Partnering with Lexington National Insurance Corporation
In the intricate realm of employee benefits and retirement plans, the protection of participants' funds is of utmost importance. The Employee Retirement Income Security Act (ERISA) of 1974 was introduced to ensure the rights and interests of employees in their...

Lexington National Insurance Corporation Supports SFAA and Recent EY Study
Lexington National Insurance Corporation is a proud member of The Surety & Fidelity Association of America (SFAA), the leading national trade association for sureties. The SFAA recently engaged Ernst & Young (“EY”) to analyze whether bonded construction...

Failure to Perform Vs. First Dollar CLIPs
At Lexington National Insurance Corporation, our extensive expertise lies in providing comprehensive insurance solutions tailored to the specific needs of original equipment manufacturers (OEMs), service contract providers, and obligors. We understand the intricacies...

Surplus Lines Fronting – You’ve created a great new insurance product and are ready to set up your captive reinsurer. But, how do you find an insurer to write the policy?
Admitted or Surplus? The first question is whether the policy will an “admitted” or “surplus” policies. An admitted policy is one that an admitted insurance company will write. If the policy does not fall within the admitted market, then it is deemed a surplus policy....

How to Obtain a Surety Bond?
Surety bonds are an instrument that businesses and individuals use to guarantee their performance on a contract or agreement, or compliance with a license or other directive. They are often required by law or by the party that is hiring the contractor or service...

Why Should Bail Agents Choose Lexington National Insurance Corporation As Their Surety?
Built by Agents, for Agents Lexington National Insurance Corporation (“Lexington National”) has been a key player in the surety bail business since the 1980’s. The Company is licensed to transact surety bail across the United States, providing clients with top-notch...