WASHINGTON/OREGON DOCTRINE OF EQUITABLE SUBROGATION: ARE INDEMNITY AGREEMENTS NECESSARY?
Surety Law Update Spring 2018 In recent years, some sureties have waived the need for a signed indemnity agreement usually for smaller, commercial bond accounts. This decision usually is based on underwriting and business considerations designed to make the bonding process easier for the producing agent. This article briefly discusses considerations of this industry movement...
FMCSA Form BMC-84 Bond Claims
Surety Law Update Winter 2017 In October 2013, Public Law 112-141 (commonly known as “Moving Ahead for Progress in the 21st Century Act” or “MAP-21”) went into effect under the auspices of the Federal Motor Carriers Safety Administration (FMCSA) which, among other things, increased the security requirement for Freight Forwarders and Freight Broker from $10,000.00...
Williams Kastner Adds Surety and Construction Attorneys
April 12, 2016 (Seattle, WA) – Williams Kastner is pleased to announce the addition of three highly-regarded local attorneys led by Alexander A. Friedrich and Jeff H. Yusen, founding partners of Yusen & Friedrich. Alexander A. Friedrich, Jeff H. Yusen, and Paul Friedrich agreed to join the firm on April 11, 2016 and will begin...