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Line of Authority

#1 (permalink)

05-05-2005, 07:48 PM

suretybonding suretybonding is offline

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Join Date: May 2005

Posts: 3

Line of Authority

I am in the process of learning an application that binds/books/issues surety bonds and I am pretty new to this field.

For a contractor, there is line of authority (LOA) information where underwriters can specify the LOA amount as well as the effective and expiration date. The LOA is based on region or producer.

Could you explain LOA and the above related to it?

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