Your business is profitable and growing, and you want to bid on larger projects. So, how do you get to the next level? If continued or expanded surety support is critical to your company's growth, there are things Goldleaf Surety can assist you with to take your business to the next level with increased surety support. Goldleaf works with our contractors to ensure you weigh surety-oriented considerations against other considerations as your company grows. Things such as: Hiring a … [Read more...]
Goldleaf Surety to Attend IIAN Trade Show
Goldleaf Surety will attend the 114th IIAN Trade Show and Annual Convention. New Business Intake Manager Lori Olson will be attending the IIAN trade show on Thursday, October 28th. This year’s event, Agency of the Future, is being held at the Embassy Suites in Lincoln, Nebraska. Please plan to visit our booth (booth #43) at the exhibit hall on Thursday from 4:30 to 7:30 p.m. Stop by to discuss how our experienced staff can assist you and your agency with all of your bonding needs from … [Read more...]
Defining Common Surety Terms
National Dictionary Day is observed annually on October 16th, to celebrate the birthday of the father of the American dictionary, Noah Webster. In honor of National Dictionary Day, Goldleaf Surety is defining common surety terms that are not always familiar to individuals or companies when they first start working with bonds Surety Bond – a surety bond is a three-party agreement between a surety company, an oblige and a principal. The third party (surety company) guarantees to the second … [Read more...]
2021 Relay for Life
The 2021 Relay for Life of Chippewa/Yellow Medicine was an in-person event held on Friday, August 13th at Smith Park in Montevideo. This year was the 28th annual Relay for Life event held in Chippewa County. Several years ago Chippewa and Yellow Medicine Counties combined to hold a joint Relay for Life. Teams participating in this year's walk consisted of individuals representing various corporations, organizations, clubs, and families. Teams set up campsites at Smith Park and took turns … [Read more...]
Goldleaf Surety to Attend MN PIA Trade Show
Goldleaf Surety will attend the 2021 Minnesota PIA Trade Show and Education Day. New Business Intake Manager Lori Olson will be attending the Minnesota PIA Trade Show and Education Day on Thursday, September 9th. This year’s Get Back in the Game Education Day is being held at the Omni Viking Lakes Hotel in Eagan. Stop by to discuss how our experienced staff can assist you and your agency with your bonding needs from performance bonds to almost every other type of surety and fidelity bond … [Read more...]
Goldleaf Surety Will Attend Upcoming Trade Shows
Goldleaf Surety will attend two upcoming trade shows, the ReWire and ReConnect MIIAB Expo and the IIAW InsureCon 2021. New Business Intake Manager Lori Olson and Vice President Brenda Risa will be attending the Minnesota IIAB Expo on Tuesday, August 10th. This year’s event, ReWire & ReConnect, is being held at the Mystic Lake Center, Prior Lake, Minnesota. Please plan to visit our booth (booth #816) at the Exhibit Hall on Tuesday from 2:00 to 6:00 p.m. New Business Intake Manager … [Read more...]
Rising Construction Material Costs
It is no secret to anyone within the construction industry that construction material costs have risen dramatically. Reduced production during the pandemic, climate events, and supply chain issues have all contributed to the rising cost of materials. In the construction industry, many contracts are negotiated and signed well before materials are actually ordered, payed for and work begins on the contract. For this reason, in the past many material suppliers have agreed to help by locking … [Read more...]
Happy Independence Day!
"America is a tune. It must be sung together." -Gerald Stanley Lee Happy Independence Day from Goldleaf Surety Services! Freedom is one of the most priceless gifts in life. As we celebrate this special day, let us aspire to observe the principles on which this great nation was built; always be grateful for the freedoms we have been blessed with; and continue to work hand in hand for a better tomorrow. Our offices will be closed Monday, July 5th, so that … [Read more...]
Washington Continuous Contractor Surety Bond
The Washington State Legislature has created a new licensing category of construction contractors called Licensed Plumbing Contractors. Starting July 1 of 2021, only contractors with this license can do plumbing work. To be licensed, plumbing contractors will be required, among other things, to carry a Washington Continuous Contractor Surety Bond in the amount of $6,000. (RCW 18.106.410) The Washington State Department of Labor & Industries states that the new plumbing license is a big … [Read more...]
Graduate to a Better Surety Partner
Over the last month, my family and I have been receiving invitations to both high school and collage graduations for the children of our family and friends. It is such an exciting time in life and definitely an accomplishment to be celebrated. While many see this milestone as an end to a chapter of their lives, the word commencement is defined as the act or celebration of beginning. Commencement ceremonies celebrate the beginning of a new chapter in life, not the end of the old. While we … [Read more...]
