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....

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...

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...

When a loved one passes away, their estate may go through a legal process called probate. Probate is designed to ensure that the deceased person's debts are paid, and their assets are distributed according to their wishes or state law. One aspect of the probate...

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,...

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...