Business Insurance Associates, Inc. has a number of commercial risk management solutions for Alaskan law firms, including professional liability, and offers a broad range of commercial surety bonds frequently requested by legal firms on behalf of their clientele. The professional liability exposure is complicated and requires an experienced broker who understands the unique risks involved and the coverages available. At Business Insurance Associates, Inc., we currently handle the professional liability for a number of law firms, architects/engineers, construction surveyors and financial institutes. Court Bonds (Alaska court forms) - Required in many court proceedings to ensure protection from a possible loss as a result of the outcome of the court proceedings. Business Insurance Associates, Inc. has access to several top surety markets that underwrite commercial court surety bonds, including supercedes bonds, conservator probate bonds, fiduciary bonds, and more. Notary Public Bonds (Alaska notary commission application) - Required in the State of Alaska for all notary publics. Business Insurance Associates, Inc. has access to several notary markets, including one that automatically offers $ 5,000 in E&O Coverage. Additional E&O coverage is also available, as is a blanket notary E&O policy that covers all the notary publics in one office. We have underwriting authority on this type of bond, resulting in a direct turnaround in requests of this nature. Release of Lien Bonds (Alaska Statute AS 34.35.072) - Business Insurance Associates, Inc. has access to several surety markets that write release of lien bonds, effectively bonding around the lien and allowing for transfer of title or property while a mechanics lien is in place. ERISA Bonds - This surety bond is frequently required by companies with personnel handling a companies benefit plan, and protects the company against potential fraud, misuse, or theft. Tax Liability Bonds (State requirement 15AAC10.040)) - This surety bond essentially guarantees the payment of taxes and is occasionally required in some of the smaller Alaskan towns on retail and service businesses, to guarantee payment to the city of the appropriate sales taxes being charged. Fiduciary Bonds (Fiduciary Responsibility AS 21.86.050 & Terms & Conditions of Bond AS 13.16.270) - May be required in the handling of an estate, frequently a court appointed fiduciary who oversees a person's property and distributes proceeds according to law. Business Insurance Associates, Inc. has access to several markets that write fiduciary bonds. Fidelity Bonds - Protecting the employee against employee theft, the bond guarantees security when employees are handling financial funds and property on behalf of ownership and/or management. U.S. Customs Bonds (U.S. custom forms & U.S. customs bond overview) - This bond guarantees that the importer will abide by all the laws and regulations governing the importation of merchandise into the United States. Business Insurance Associates, Inc. has direct access to the largest dealer of U.S. Custom Bonds in the United States. Lost Instrument Bonds - This bond guarantees replacement of lost, destroyed or stolen financial instruments, such as stock certificates or bonds.