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

Hawkeye Technology Improves Time Clock Reporting and Payroll Integration in TimeClick LE 12
Logan, UT, April 18, 2014 --(PR.com)-- Hawkeye Technology, creator of TimeClick, a leading employee time clock software, announces the release of TimeClick version LE 12. This new version offers powerful new reporting...
 
 
Airbnb Cofounders Are Billionaires As Share Economy Leader Closes $450 Million Round At $10 Billion Valuation
It took a month, but Airbnb’s founders are confirmed as the share economy’s first billionaires, at least on paper. That’s because the home-sharing site has closed its new fundraising round, raising $450 million at a $10...
 
 
`Taxpayers Rely On IRS Guidance At Their Own Peril,' Tax Judge Rules
Before filing your 2013 tax return, did you  consult an Internal Revenue Service publication for clarification of some confusing point? That’s living dangerously. Or so a U.S.  Tax Court Judge declared this week. “...
 
 
Predicting The Most Expensive Games Of The 2014 NFL Schedule
Even at the times of little news during the offseason, the NFL keeps fans in anticipation of what might come next. With less than a month until the NFL Draft, the release of the 2014 NFL schedule is expected sooner. For...
 
 
 

Latest from the Network

Marisa Tomei is too old to play Lady Gaga?
Marisa Tomei thinks she's too old to play Lady Gaga in a movie. The 'The Wrestler' actress was flattered to hear the 'Applause' hitmaker would like her to play the 28-year-old singer if there is ever a film made about...
Read more on Celebrity Balla
 
Hawkeye Technology Improves Time Clock Reporting and Payroll Integration in TimeClick LE 12
Logan, UT, April 18, 2014 --(PR.com)-- Hawkeye Technology, creator of TimeClick, a leading employee time clock software, announces the release of TimeClick version LE 12. This new version offers powerful new reporting...
Read more on Business Balla
 
Airbnb Cofounders Are Billionaires As Share Economy Leader Closes $450 Million Round At $10 Billion Valuation
It took a month, but Airbnb’s founders are confirmed as the share economy’s first billionaires, at least on paper. That’s because the home-sharing site has closed its new fundraising round, raising $450 million at a $10...
Read more on Business Balla
 
`Taxpayers Rely On IRS Guidance At Their Own Peril,' Tax Judge Rules
Before filing your 2013 tax return, did you  consult an Internal Revenue Service publication for clarification of some confusing point? That’s living dangerously. Or so a U.S.  Tax Court Judge declared this week. “...
Read more on Business Balla
 
Predicting The Most Expensive Games Of The 2014 NFL Schedule
Even at the times of little news during the offseason, the NFL keeps fans in anticipation of what might come next. With less than a month until the NFL Draft, the release of the 2014 NFL schedule is expected sooner. For...
Read more on Business Balla
 
How The Wealthiest Families Make And Lose Their Money -- Part 5
In this series of articles on wealth creation and maintenance, we have hit on a few key findings of researchers and practitioners.  The vast majority of family wealth stems from business ownership and not inheritance. ...
Read more on Business Balla
 
Can High-Speed Internet Spark Better-Paying Jobs?
Many of us look at high-speed internet as a way to enjoy pleasures like clearer HDTV and speedier Wi-Fi. But as lightening-fast service gets rolled out in new markets, it could also pave the way to innovation–and new...
Read more on Business Balla
 
For NHL and NBA Playoffs, Parking, Like Tickets, Also Have A Premium
When the Nets and Raptors tip off tomorrow afternoon, the NBA playoffs will be underway.  Along with the NHL playoffs, many think the next two months are the most exciting in all of sports. Over the course of the next...
Read more on Business Balla
 
The Week Ahead: A Spring Breakout for the Economy?
Just a week ago the stock market was looking quite vulnerable as most of the major averages closed near their lows last Friday, April 11. There were signs of heavy selling, so I concluded last week that “On a short-term...
Read more on Business Balla
 
Which Teams Did The Best And Worst Job Of Pricing Tickets For The NHL Playoffs?
The Bruins have a long history of success with six Stanley Cups championships, most recently in 2010-11.  Heading into the 2014 NHL Playoffs, the Boston Bruinsare favored by Las Vegas to win their seventh.  While that’s...
Read more on Business Balla
 
 
Auto Balla Sexy Balla Sport Balla TV Balla Politics Balla Movie Balla Apple Balla Business Balla Ad Balla Celebrity Balla