Collection agencies that cause financial damages to their clients may find themselves in trouble with State regulators that can grow into a claim against their surety bond.
Title agents are typically required to hold a surety bond to be licensed. Read how to avoid Title Agent Bond claims here.
A bond claim against a licensed public adjuster can arise from financial damages caused to their customers. A claim can be detrimental to maintaining the license.
In many states, Credit Services Organizations are required to carry a surety bond as a state-mandated consumer protection tool. Claims can occur, read more about this subject.