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Existing members of NASBP are our best recruiters! Please remember to take advantage of the NASBP incentive for existing bond producer members. Your agency can receive a $100 credit toward a NASBP meeting registration (the annual or a regional meeting) for each new bond agency that joins NASBP as a result of your referral. Just be sure that you tell the applicant to list your agency name on the membership application. Each credit must be used within 12 months of the referral, and there is no limit to the number of referral credits a member agency can realize through this incentive program. [more]

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It's "Back to School" time for students around the country, and in the spirit of the season we have two outstanding educational offerings planned for this fall. 

In September we will offer our new Sales Workshop for Surety Professionals
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The Regional Meetings for Regions 10 & 11 and Regions 4, 5, 6 & 7 get started next week.  They both debut a new condensed format designed to maximize value and minimize travel costs to the attendees. And they are being held in central, easy to access locations in their regions.

Meeting programming is a big focus for both regions, striving to give the attendees valuable information to take away from the events. [more]


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A recurrent theme in my discussions with NASBP members and affiliates is that surety bonding is little understood by many, even by bond obligees and principals. Like other things that may be required of a person or entity, obligees and principals only may understand bonding as a necessary part of the processes they go through to accomplish their ultimate business objectives. They likely know that bonds are required to be furnished by statute or regulation, but they may not understand the importance of bonding from a “big picture” perspective or how it functions in specific situations. They get the bond and then move on to the next pressing business issue. This may be true of even long-term users of surety bonding. [more]


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Are now available for download for all NASBP Members, Affiliates and Associates.

This includes the presentation from Mark (Rusty) Sherwood, Vice President of McGraw-Hill Construction, who presented a detailed overview of their 2010 Construction Outlook Report and a preview of the 2011 Report, and the presentation from David Allison and David Seitter who spoke on Government Contracting and how it affects the Surety Industry.
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As most of you know the enhancements made to the SBA Surety Bond Guarantee Program that were included in the economic stimulus package such as increasing the contract size guaranteed by the SBA up to $5 million are set to expire on September 30.  For those of you who attended this year’s NASBP Legislative Fly-in, this was one of the key issues NASBP asked their members to address during their Congressional Hill visits.  [more]


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