Insights

 

How International Sureties Dealt With Hurricane Ida

How International Sureties Dealt With Hurricane Ida

As many are aware, our office operates out of New Orleans, LA, which was hit by Hurricane Ida a couple weeks ago on the 16th anniversary of Hurricane Katrina.  Most of our employees were without power for a week, while several remain in the dark 10 days after the...

Freight Broker Bonds in a time of Volatile Freight Rates

Freight Broker Bonds in a time of Volatile Freight Rates

Written By Conway Marshall  Between the manufacturer and your doorstep lie a series of players who coordinate the movement of cargo from creation all the way to its useful purpose.  Air, sea, and land carriers handle the physical movement of goods, while others play a...

Supersedeas Bond Costs in Federal Court

Supersedeas Bond Costs in Federal Court

Written By Conway Marshall  Recently, the US Supreme Court heard arguments in the matter City of San Antonio, TX, et al v. Hotels.com, LP, et al which focused on Rule 39 of the Federal Rules of Civil Procedure and whether or not the District Court had discretion to...

3 Fundamentals of Probate Bonds

3 Fundamentals of Probate Bonds

What are probate bonds? Probate bonds (also referred to as a fiduciary bond) are a type of court bond that ensures that the estate of a deceased, incapacitated, or minor person is handled properly by the administrator, executor, curator, or tutor. The bond is required...

Temporary Restraining Order Bonds

Temporary Restraining Order Bonds

A Temporary Restraining Order (TRO) is issued by a judge to restrain one party from engaging in some act. A temporary restraining order bond is a court bond filed by plaintiffs to protect the defendant from damages if the TRO was wrongfully issued. A TRO bond can...

How the EVER GIVEN grounding affects NVOCCs

How the EVER GIVEN grounding affects NVOCCs

Written by Conway Marshall  Last month’s grounding in the Suez Canal of the massive containership EVER GIVEN has put the world’s spotlight on shipping and logistics.  As of this publication, the ship is floating again; however, it remains at anchor in a nearby lake...

Garageman’s Lien: Bonding Your Way Back

Garageman’s Lien: Bonding Your Way Back

In its simplest, big rigs generate revenue when wheels are spinning, and they run up costs when parked.  Money is made when cargo is moving; however, wrecks, engine failure, or other casualties might require an employed unit be towed to a service station for repairs. ...