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Our Mission
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To cause Hartford Bond to be recognized by producer and client as THE INDUSTRY LEADER when measured by: excellence of its people; innovative and timely response to opportunity; consistent, predictable underwriting; creative, timely and cost efficient claims practice; ethical, principled conduct in all of its business relationships.
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Key Facts
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The Hartford’s* Ratings
A.M. Best A+
Standard & Poor’s AA-
Click Here for NEW Updated
U.S. Treasury Listings
*The Property and Casualty Companies of The Hartford
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Anything New?
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Have you moved?
Changed ownership?
Purchased another company?
Please help us keep your information current. If you have any changes, please let your Hartford Bond Team know.
Click here for contact information.
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Book a Bond
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For limits of $500,000 and less on Commercial Surety and Fidelity, Click Here for the Bond Center Team.For all Contract Surety as well as Commercial and Fidelity with limits above $500,000, Click Here for your Regional Office contacts.
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Letter from Ross...
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Letter from Hartford Bond’s General Manager
Ross Fisher
 The first half of 2007 has been an exciting and challenging time at Hartford Bond. In May, we said goodbye to former Bond Chief, David Akers. Dave brought his considerable experience to the Hartford in 2003 and led us out of a difficult market cycle and into the best results our unit has ever experienced.
Dave made the decision to leave The Hartford to support his wife's career and to pursue his other passion-making the world a better place for others...
[VIEW THE FULL STORY]
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Hartford Bond Center News...
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Crime (Employee Theft)
Policy info: The Bond Center provides coverage limits of $500,000 ($1,000,000 for ERISA) and less for Commercial Risks, Non-Profit Organizations and Governmental Business on a primary or excess basis...
[FULL STORY]
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ERISA - Quick & Easy Submission Process
Coverage: Helps protect the client's ERISA plan from loss due to the fraud or dishonesty of defined individuals...
[FULL STORY]
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Third Party Fidelity
 Does your client have Off-Premise Exposure?
- First party vs. third party exposure - Is there employee theft of insured's own assets or client assets?
- This may be a required coverage for your Insured in some contracts with their clients
- The Hartford can provide either a contract specific policy or a standard crime policy to address this issue, depending upon the Insured needs.
- The third party can also be added as a Joint Loss Payee on the Insured's policy if required.
[FULL STORY]
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Hartford Bond Procedure Updates
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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...
[FULL STORY]
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The Hartford Producer Compensation Notice
As part of a company-wide initiative, A Producer Compensation Notice will attach to all policies/bonds, effective, May 1, 2007. The Notice will contain a website address and 1-800 number to access or contact regarding producer compensation practices. When calling the phone number, customers will receive a recorded message that contains the same information on the web site...
[FULL STORY]
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Contract Surety News...
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A Time for Building
 As the construction economy continues to expand, most of our clients are reaching levels of volume and activity that they have not experienced before. Yet, they seem to be able to gather the necessary resources (human and capital) to get the job done...
[FULL STORY]
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Technology
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Technology Advances Improve Service
 During 2007 Hartford Bond made a significant investment of time and resources into our 1StepSurety technology infrastructure in order to support paperless workflows based on a department-wide electronic file. The Hartford Bond operation supports a three tiered delivery model from which our agency partners can choose: work with one of our 25 regional offices for higher limit business, utilize our Bond Center in Orlando for lower limit flow business or execute and book bonds directly using 1StepSurety...
[FULL STORY]
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Claims Update
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Court of Federal Claims Update
Attention Producers and Contractors
Announcement from the SFAA: (released 2/07)
In an opinion in the Court of Federal Claims, Morse Diesel International, Inc. v. United States, 2007 WL 259918 (Fed. Cl. January 26, 2007 & 74 Fed. Cl. 601, 2007 US Claims Lexis 10, 2007), the court elaborated on its prior opinion reported at 66 Fed. Cl. 788 (2005). You may remember that we reported to you then that in the earlier decision the court found that brokers' rebates of part of their commissions on Miller Act bonds violated the federal Anti-Kickback Act. In the recent decision, the court held that submission of requisitions without credit for the rebates violated the False Claims Act...
[FULL STORY]
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