Celebrate Smile Power Day

June 15th is the day we observe National Smile Power Day.  This is a day for everyone to share the power of the smile. Growing up, one of my mom’s favorite sayings was that it takes more muscles to frown than it does to smile.  And I know it was one I used on my own children now and again.  But somehow over the years we tend to forget this.  Babies smile about 400 times a day, while the average adult only smiles 20 times.  And, we are the only creatures on the planet that can smile.  … [Read more...]

Goldleaf Surety to Attend IIAW InsureCon 2019

Goldleaf Surety's Regional Sales Manager Kevin L. Kohlbeck and New Business Intake Manager Lori Olson will be attending the IIAW InsureCon 2019 annual convention and trade show.  This year's convention is being held at the Madison Marriott West in Middleton, Wisconsin. Please plan to visit our booth, booth #3, at the Convention Showcase and Networking event on Thursday, May 16th, from 2:15 pm to 4:45 pm.  We are excited to have this opportunity to see familiar faces as well as to meet many … [Read more...]

Goldleaf Surety to Attend NDPIA Convention

Goldleaf Surety's President Jack Anderson and Vice President Rita Jorgenson will be attending the 2019 Annual NDPIA Convention.  This year’s convention will be held from Sunday, May 5th through Tuesday, May 7th at the Ramkota Hotel in Bismarck, North Dakota. Goldleaf Surety will have a booth at this year's trade fair which will be open on Sunday, May 5th from 4:00 pm to 6:00 pm and again on Monday, May 6th from 11:00 am to 3:30 pm.  We are excited to have this opportunity to see familiar … [Read more...]

Goldleaf Surety to Attend MIIAB Expo 2019

Goldleaf Surety's New Business Intake Manager Lori Olson will be attending the Minnesota IIAB Expo 2019 on Tuesday, April 30th.  This year’s MIIAB Expo 2019 is being held at the Mystic Lake Center, Prior Lake, Minnesota.   Please plan to visit our booth (booth #33) at the Exhibit Hall located in the Minnetonka Ballroom on Tuesday from 1:00 to 4:30 p.m. Stop by to discuss how our experienced staff can assist you and your agency with all of your bonding needs from performance bonds to almost … [Read more...]

Third Party Administrator Bond

Third party administrators (TPA) handle various administrative responsibilities for entities such as insurance companies where they may handle the claims process.   Or for a company’s employee benefits plan handling claims such as those to retirement plans. Third party administrators can be either an individual or a business and operate on a fee-for-services basis. Many states require the companies or individuals who administer these services for another entity to post a Third Party … [Read more...]

Motor Vehicle Dealer Bond

One of Goldleaf Surety’s partner surety companies is featuring the Motor Vehicle Dealer Bond this quarter and has put together a very good information sheet for their agency partners.  We would like to share some of this information regarding motor vehicle bonds with you. Almost every state requires a surety bond as part of the licensing process for motor vehicle dealers.  These bonds guarantee a licensed motor vehicle dealership will comply with state regulations and are required to protect … [Read more...]

Minnesota – Land of 10,000 Lakes

There is a Minnesota tourism commercial that says, “Land of 10,000 Lakes is really Minnesota-nice for 11,842 lakes.”  And this number only includes lakes over 10 acres.  If we were to include lakes and basins under 10 acres, the number would be even greater. There are so many lakes in Minnesota that many of them are not even named.  And many have the same name.  For example, there are 115 Long Lakes in Minnesota. Now, while this information is interesting and may even be useful if you are … [Read more...]

Goldleaf Surety Services Celebrating 20 Years

On April 1, 1998,  Goldleaf Financial, Ltd. began operations in Montevideo, Minnesota.  And while the company has undergone many changes throughout the past 20 years, one thing has remained consistent - our reputation as the most comprehensive surety services company in the US. When other surety bond specialists or companies are restricted by size, specialty divisions, or other constraints that limit the entire bonding process, Goldleaf has continually brought it all together under one roof.  … [Read more...]

Appraisal Management Company Bond

As of November 11, 2017, New Jersey began requiring licensed real estate appraisal management companies to obtain a surety bond. The change is a result of Assembly Bill 1973 which was passed in May.  With this new law, New Jersey becomes one of over 20 states that require the Appraisal Management Company (AMC) bond.  These states include Alabama, Arizona, Arkansas, Colorado, Georgia, Illinois, Iowa, Louisiana, Mississippi, Missouri, Nebraska, New Mexico, North Carolina, Oregon, Pennsylvania, … [Read more...]

New York City Car Wash Bond

The New York City  Department of Consumer Affairs is now accepting applications for car wash licenses  and will begin enforcement of the Car Wash Accountability Act on December 4th.   Among the requirements for licensing under the new Act is the requirement for a $150,000 Car Wash Bond. License bonds such as this new Car Wash Bond provide indemnification for loss or damage resulting from a license holder’s compliance with the law or regulation.  In the case of this particular bond, if the car … [Read more...]