1 Updates
New $75,000 ICC Property Broker Bond Now Available
Photo Credit: PR.com

New $75,000 ICC Property Broker Bond Now Available

Aug 16 2013, 5:58am CDT | by PR.com

Federal Motor Carrier Safety Administration (“FMCSA”) implementation of the new $75,000 bond requirement starts 10/1/2013. South Coast Surety has surety programs Now in place to handle all sizes of broker and freight forwarder companies.

San Clemente, CA, August 16, 2013 --(PR.com)-- The Federal Motor Carrier Safety Administration (“FMCSA”) is implementing the new increase of their bond from $10,000 to the $75,000 bond...

Filed under: news

Full Story below YouTube Videos

 
 

 

35 weeks ago

New $75,000 ICC Property Broker Bond Now Available

Aug 16 2013, 5:58am CDT | by PR.com

Federal Motor Carrier Safety Administration (“FMCSA”) implementation of the new $75,000 bond requirement starts 10/1/2013. South Coast Surety has surety programs Now in place to handle all sizes of broker and freight forwarder companies.

San Clemente, CA, August 16, 2013 --(PR.com)-- The Federal Motor Carrier Safety Administration (“FMCSA”) is implementing the new increase of their bond from $10,000 to the $75,000 bond requirement for all ICC Property Brokers and Freight Forwarders. This has been a very difficult process with many unanswered questions. As we move towards the 10/1/2013 effective date, South Coast Surety has put in place surety programs that will take care of all Property Broker and Freight Forwarder sized companies.

The new requirement will be effected by filing a new bond form (BMC-84) to replace the existing form. This $75,000 is required for all Property Brokers that had the $10,000 bond as well as Freight Forwarders. (Under the old law only property brokers had to furnish the bond.)

South Cost Surety's new programs have an extremely low start rate at only $1688. Companies with sufficient net worth may be written without personal indemnity.

Most importantly, small brokers and those that have had credit challenges can still be approved and get the bond they need to be able to do business.

See more about this great program at southcoastsurety.com/Freight-Broker-Bond.htm.

South Coast Surety is a National Wholesale Surety Agency with the largest in-house authority programs in the country. They have been providing surety bond support for all business and credit profiles for over two decades.

An experienced Surety Representative can be reached at 1-800-361-1720.

Contact Information:
South Coast Surety
Steven Swartz
949-361-1692
Contact via Email
www.southcoastsurety.com

Read the full story here: http://www.pr.com/press-release/510354

Press Release Distributed by PR.com

Source: PR.com

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Netflix joining lineup of 3 US cable-TV services
SAN FRANCISCO (AP) — Netflix's Internet video service is about to join the programming lineup of three small cable-TV providers in the U.S., a breakthrough that acknowledges the growing popularity of online...
 
 
Google, Apple settle high-tech workers' lawsuit
SAN FRANCISCO (AP) — Google, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought technology workers from getting better job...
 
 
Oregon moves to dump health exchange website
PORTLAND, Ore. (AP) — Oregon, once expected to be a national leader in the federal health care overhaul, on Thursday moved to become the first state to dump its troubled online health exchange and use the federal...
 
 
Cloud strength helps Microsoft earnings top Street
LOS ANGELES (AP) — In Satya Nadella's first quarterly earnings release as chief executive, Microsoft Corp. on Thursday posted earnings and revenue that beat Wall Street expectations, offering new justification for the...
 
 
 

Latest from the Network

Texas Rangers Hire Darren Oliver as Special Assistant to GM
The Texas Rangers added former pitcher Darren Oliver as a special assistant to general manager Jon Daniels on April 24.According to MLB.com's T.R. Sullivan, Oliver is the latest addition to a distinguished lineup of...
Read more on Sport Balla
 
Ciara wears fiancé's clothes during pregnancy
Ciara has been wearing her fiancé's clothes throughout her pregnancy. The 'Goodies' singer is due to give birth to her first child any when now, and she admits her beau Future's wardrobe has been her savior over the...
Read more on Celebrity Balla
 
Google, Apple settle high-tech workers' lawsuit
SAN FRANCISCO (AP) — Google, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought technology workers from getting better job...
Read more on Business Balla
 
Microsoft Results Beat Estimates, Cheer Investors
The bad news for Microsoft in its fiscal-third quarter was that sales and earnings were both off from a year ago. But the company beat Wall Street estimates and showed surprising strength in its Windows business. Shares...
Read more on Apple Balla
 
Google, Apple settle high-tech workers' lawsuit
SAN FRANCISCO (AP) — Google, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought technology workers from getting better job...
Read more on Apple Balla
 
Oregon moves to dump health exchange website
PORTLAND, Ore. (AP) — Oregon, once expected to be a national leader in the federal health care overhaul, on Thursday moved to become the first state to dump its troubled online health exchange and use the federal...
Read more on Business Balla
 
Cloud strength helps Microsoft earnings top Street
LOS ANGELES (AP) — In Satya Nadella's first quarterly earnings release as chief executive, Microsoft Corp. on Thursday posted earnings and revenue that beat Wall Street expectations, offering new justification for the...
Read more on Business Balla
 
Aaron Carter wants to 'sweep' Hilary Duff off feet
Aaron Carter wants to "sweep" Hilary Duff "off her feet". The former pop star dated the 26-year-old singer-and-actress for 18 months when they were teenagers, but he now wants the chance to rekindle their romance....
Read more on Celebrity Balla
 
 
Auto Balla Sexy Balla Sport Balla TV Balla Politics Balla Movie Balla Apple Balla Business Balla Ad Balla Celebrity Balla