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Indemnity Agreements for Surety Bonds

Indemnity Agreements for Surety Bonds We are often asked questions as to why a surety needs personal information when qualifying a company for a bond. This all has to do with the principle of indemnity. The surety bond product itself would cease to exist

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Cybersecurity Awareness

Fiduciary liability insurance is designed to protect fiduciaries who, although acting in good faith, violate the complex fiduciary rules as expressed in federal rules, regulations, and court rulings.

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What your ERISA Bond is NOT!

Fiduciary liability insurance is designed to protect fiduciaries who, although acting in good faith, violate the complex fiduciary rules as expressed in federal rules, regulations, and court rulings.

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COVID-19 Impact on Cyber Risk

Training your employees to safely work remotely is almost as important as practicing social distancing.  It may not save a human life but it can save your business.   Establish an Incident Response Plan (IRP) to identify the response team, methods

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Use Your Bonding Company as a Resource!

In uncertain times such as these, your relationship with your bond company is especially important.  As part of their underwriting process, they have teams of analysts monitoring the legal, economic and political climate across the country.

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RMV: Commercial Registration Renewal Mailing Delays

The RMV is processing commercial registration renewals on the same day they are received. However, due to mailing delays with the U.S Postal Service, it is taking longer than usual for customers to receive their new registrations and decals in the mail.

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Commercial Insurance Rates

Commercial insurance rates continued to rise in most lines in July although in some cases the pace of the increases slowed slightly from the prior month, according to insurance exchange Ivans Insurance Services' monthly pricing index.

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UPDATE Tonry Insurance Group’s Response to COVID-19

UPDATE Quincy Office moving on May 24th, 2021