The Hartford Bond News
Autumn 2007  
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In This Issue...
Letter from Hartford Bond’s General Manager
Ross Fisher

Crime (Employee Theft)
ERISA - Quick & Easy Submission Process
Third Party Fidelity
Seal Your Powers!
The Hartford Producer Compensation Notice
A Time for Building
Technology Advances Improve Service
Court of Federal Claims Update
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Seal Your Powers!

Effectively immediately the Power of Attorney form (POA) must be sealed prior to being attached to the bond to prevent an Obligee from rejecting our bond due to their belief that the POA attached is a copy rather than an original.

A few obligees have questioned the power and whether it is an original or copy. In some instances the bond has been rejected and returned to the principal for an original POA (wet power) to be attached. It has been explained that our power is printed from a PC printer and is considered an original. With copy machines now producing quality copies, obligees are having a hard time telling the difference and by sealing the power we have affirmed that the power attached is an original.

Thank-you for your cooperation. If you have any questions please contact your local Regional Office.


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Published by The Hartford
Copyright © 2007 The Hartford. All rights reserved.

Disclaimer: Hartford Bond is an underwriting unit of The Hartford Property and Casualty Companies. Please refer to the policy to determine all terms, conditions, exclusions and limitations of coverage. Coverage is provided by The Hartford companies and may not be available in all states.

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