News & Announcements

January 1, 2010

Effective January 1, 2010, the State of MN Human Services Dept. has required of all Home Health Care Agencies billing Medicaid for services to be bonded in amount equal to 10% of Medicaid billings, or $50,000.00, whichever is less. Titled MN PCA Provider bonds, these have been fairly difficult to obtain, but Associated Bonding is a viable market. To consider, we will need our bond application completed along with business and personal financial statements.

October 1, 2009

Suppliers of Durable Medical Equipment, Prosthetics, Orthotics, and Supplies being billed to Medicare are now required to post a $50,000.00 bond to Medicare. Associated Bonding is your market for this type of bond. Please contact us today to obtain a bond application.

September 1, 2009

MN Dept. of Labor & Industry has announced that by June 30, 2011, the license period for all boiler licenses, plumbing licenses, and residential contractor licenses will be extended from one year to two years. Copy of notice can be viewed by clicking here.

March 31, 2008

The State of Minnesota Dept of Labor & Industry has increased the bond requirement of all Residential Roofers in the State of Minnesota from $5,000 to $15,000. All bonds will now have a common expiration date of March 31 annually.

January 1 , 2008

The State of Minnesota Dept. of Labor & Industry has increased the bond requirement for Electrical or Elevator Contractors and Technology System Contractors from $5,000 each to $25,000 each, and has changed the bond form. Associated Bonding remains a competitive market for these types of bonds. Please see their respective sections under Bond Types on our website.

November 1 , 2007

The State of Minnesota Dept of Labor & Industry has changed the bonding requirements for Plumbers in the State of Minnesota. Eliminated are the separate Unlicensed Plumber and Master Plumber, as well as the exemption for plumbers working within municipalities with populations 5,000 and under. Under the new licensing law, all plumbers must obtain the Plumbing Contractor Compliance Bond. Associated Bonding is your source for this type of bond - please contact us today!

June 26, 2007

Armor Credit Services – Associated Bonding is pleased to partner with Armor Credit Services, a firm that specializes in repairing credit. Personal credit is a primary factor in qualifying for surety bonds. To learn more about Armor Credit Services, click here . You can go to their website at www.armorcreditservices.com

June 1, 2007

MN Mortgage Originators bond – The Minnesota Commerce Department is now requiring Mortgage Originators to be licensed. Part of the licensing requirement is a $50,000 surety bond requirement. Those Mortgage Brokers who are approved with FHA are exempt. Associated Bonding wants to write this bond for you! We represent several sureties that offer very competitive rates and a multitude of programs. Do your business a favor and contact Associated Bonding for a quote.

May 11, 2007

MN-Pro – Associated is pleased to refer Mortgage & Real Estate Professionals to MN-Pro, a Compliance, Training, & Licensing firm. To learn more about MN-Pro click here , or you can go to their website at www.mn-pro.com.

February 1, 2007

Minneapolis Sidewalk Contractor Bond - Effective January 1, 2007, the City of Minneapolis has increased it’s bond requirement for Sidewalk Contractors from $10,000 to $15,000.  Associated Bonding has the new bond form in office – contact us today for your City of Minneapolis bond needs!

June 1, 2006

MN Technology System Contractor Bond – MN Technology System Contractor licenses and bonds renew August 1, 2006. These licenses are now being handled by the MN Department of Labor & Industry. Application forms are available at www.electricity.state.mn.us. Associated Bonding is a market for these bonds, and we have the updated bond form in our office for quick issue!
June 1, 2007

May 19, 2006

Hennepin County Probate Bonds – Hennepin County Probate Court now requires a letter confirming surety pre-qualification of proposed conservators and personal representatives, due to an increasing number of appointments of individuals who end up being unable to obtain bonding. Associated Bonding is pleased to announce that we will conduct pre-qualification of proposed fiduciaries free of charge and produce the requisite letter to the court. Contact Associated Bonding for pre-qualification of conservators and personal representatives!