Loss in financials - Surety Bond Forums

Bond Amount:

Required By:

Email Estimate To:

Click to verify BBB accreditation and to see a BBB report.

		Surety Bond Forums > Commercial Bonds > Wage and Welfare Bonds
Loss in financials

#1 (permalink)

10-15-2008, 09:42 AM

grasshopper grasshopper is offline

Senior Member

Join Date: Sep 2008

Posts: 106

Loss in financials

I have had my wage and welfare bond for a local electric workers union in my city for last five years. Every year that I have renewed the bond I have submitted my financials and have never had any problems because our financials have always shown strong profits. This year however the financials with show a large loss. How will this affect my premium or will I be dropped all together?

« Previous Thread | Next Thread »

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

All times are GMT -4. The time now is 01:35 AM.