What is Happening
As of 10/1/2013, MAP-21 legislation required anyone acting as a broker or a freight forwarder and subject to FMCSA jurisdiction, including motor carriers, to register and obtain broker or freight forwarder authority from FMCSA. Section 32918 amended the financial security requirements applicable to property brokers and created new requirements for freight forwarders.
New Bond Requirement
Previously a $10,000 obligation, MAP-21 legislation requires an increase in limit for the BMC-84 ICC/FMCSA Freight Forwarder/Property Broker Bond. A new bond must be filed, due to the revised obligations of the Surety.
Integrity Surety is one of the largest Surety Agencies in the U.S. We will work with the all of the best markets to provide you with the best possible approval for your $75,000 BMC-84 Surety Bond.