What is a BMC-84 Bond?

What is a BMC-84 Bond?

by | Jul 21, 2021 | Informational

Freight Broker Bonds (BMC-84) are surety bonds required by the Federal Motor Carrier Safety Administration (FMCSA) for those operating as transportation brokers with carriers performing interstate deliveries. The FMSCA requires that all brokers must file a bond...
Isn’t It All Just Paper?

Isn’t It All Just Paper?

by | Jun 1, 2021 | Informational

Many institutional purchasers – like Third Party Administrators (TPAs), Insurance & Bond Agencies, and Reinsurance Brokers — of surety bonds and insurance products have traditionally thought of their relationships with Insurers and Sureties as being purely...