Jacobs Financial Group Inc. Wants to Become Major Underwriter of Surety Bonds
Charleston Daily Mail (January 04, 2008)
Author: George Hohmann
Permanent Link:
http://vlex.com/vid/jacobs-wants-underwriter-surety-bonds-64515403
Id. vLex: VLEX-64515403
Acceda a este documento
y pruebe vLex GRATIS durante 3 días
A Charleston investment management company is on a quest to remake itself into a national player in a line of insurance that is essential to the coal industry.
Jacobs Financial Group Inc., headquartered on the ninth floor of BB&T Square, wants to become a major underwriter of surety bonds, according to recent filings with the Security and Exchange Commission, the federal regulator of stock markets and investment firms.Jacobs Financial Group Inc. Wants to Become Major Underwriter of Surety Bonds
Surety bonds are an obscure, but important, insurance specialty.
Coal operators must guarantee that they will reclaim a mine site before they can mine it. Typically, a federal or state regulator assesses the reclamation cost. A coal operator can post cash, buy a certificate of deposit or buy a sur...Try vLex for FREE for 3 days
Access legal information from United States including:
- Constitutions
- Forms and Contracts
- Legal Books and Journals
- Case Law
- News and Business
- Regulations
- U.S. Code
Try vLex without any commitment for 3 days and see why you need it.
3
days of Free Access
If you are already a vLex customer, Access Here
