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Monsey, New York, August 29, 2017 – Izzy Green, CEO, & Robert J. Horowitz, Vice President - Corporate Development of Evergreen Insurance & Risk Management (www.trustevergreen.com), and Micah & Maria Bleecher, the principals and founders of Pro Surety Bond, Inc. (“Pro Surety”), today announced that Evergreen Insurance & Risk Management an innovative and fast growing national independent insurance agency headquartered in Monsey, NY acquired the assets Pro Surety Bond, Inc. of Las Vegas, NV.

 

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The Bay Dunes Golf Course near Panama City Florida is closing down because the operator cannot obtain a surety bond. Bay County, the owner of the land, did not charge the operator, Tony Ray any rent but required that he furnish the proper insurance and bonding. The problem is that the course sits on top of a landfill which requires ongoing maintenance to release methane gas created by the decomposing organic matter.

 

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Many experts claim the Zombie Apocalypse is imminent,* and I know you're wondering: how will my family and I survive it? And I know, more than that you're wondering: What in the Gates of Hades does this have to do with Surety Bonds? The answer is: PLENTY. In fact, surviving the Zombie Apocalypse would be virtually impossible without Surety Bonds. How so you ask?

 

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Oklahoma Motor Vehicle Dealer Bonds are Expiring Soon - The Oklahoma Motor Vehicle Dealer Bond has a common renewal date of December 31 which is right around the corner. Please call our commercial bond department at 800-314-7003 and we can assist you with excellent rates and fast service on these bonds.

 

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some jurisdictions require what is called a non-resident cost surety bond to cover the court costs incurred by out of state litigants, since there may be no immediate way to collect such fees otherwise.

 

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The Pennsylvania Department of Transportation, according to Chapter 27 Section 4722 of the Vehicle Code, requires a $10,000 performance bond for emission inspection stations in order to provide compensation in the event of any damage to a vehicle during inspection. The bond is for each place of business and shall be renewed each year.

 

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An Injunction Surety Bond, also known as a Defendant Injunction Surety Bond, is required by some courts when executing an injunction. An injunction is a court order requested by a plaintiff in litigation that typically commands the defendant to stop committing an act that infringes on the rights of of the plaintiff, when there is no other immediate remedy. Injunctions can be tough decisions for judges, because he or she is being asked to intervene without having heard each side's full case.

 

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As of October 1, 2013 the Federal Motor Carrier Safety Administration (FMCSA) requires freight broker authorities to take out a $75,000 Freight Broker Surety Bond to ensure that all federal and applicable regulations be obeyed, in particular proper payment to carriers on behalf of shippers in the agreed upon manner. The bond must be renewed each year, and the deadline is October 1 for all freight brokers.

 

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In Nevada anyone who wishes to operate an authorized emissions inspection station must take out a bond or the equivalent in the amount of $1000 as a condition of licensing.

 

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Surety bonds of any kind exist to putting people's minds at ease, plain and simple. Collection agencies, because they deal with sensitive personal financial data and handle money, are considered risky. Thus they are required by most states to take out a Surety Bond to assure the public and the collection agency's clients that the agency is obeying all regulations and laws in their state. It says that the agency is dependable, is not using underhanded means to collect, or is otherwise not conducting business unprofessionally. It also ensures that moneys collected will be distributed through expected channels and that all funds will be accounted for.

 

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