Freight brokers, like trucking companies, have traditionally represented the American spirit of independence and entrepreneurship. Some people, however, fear that the changes brought about by the ...
As of Oct. 1, the MAP-21 provision requiring all FMCSA registered freight brokers to provide proof of a $75,000 surety bond or trust fund is in effect. Federal law was also broadened to include ...
Surety brokers benefit from an upgraded online platform, which simplifies the process for quoting and purchasing bonds PLYMOUTH, Minn., Jan. 14, 2025 /PRNewswire/ -- Intact Insurance Specialty ...
In early November, FMCSA stood up what amounts to a new flag on brokers/forwarders and motor carriers whose surety bonds/insurance have been marked for cancellation by the provider. “The goal is to ...
The number of brokers registered with FMCSA may be dropping — coming on the heels of the enforcement date of the increase in the minimum surety bond required for brokers to carry — but some of the ...
Surety and fidelity bonds are 2 options to protect your business. While they’re both bonds, each serves a different purpose. Learn more about surety and fidelity bonds now. Surety bonds are a legal ...
Many freight brokers look forward to turning the page on 2025, another difficult year for the trucking industry, but they’re now facing what could be the most consequential regulatory shift in several ...
As a Senior Broker of Specialty Surety for Aon Risk Solutions, I am responsible for the execution of surety marketing on specialty accounts and client advocate for surety services. I have underwritten ...