The World of Court Bonds and Notary Bonds: A Guide for Underwriters and Producers
Recorded On: 07/24/2018
While most surety bonding professionals have come into contact with Court Bonds or Notary Bonds, some may not understand why these bonds are required, and who they protect. This Virtual Seminar, presented by Jeff Frank and Omar Harb of Alber Frank, PC, will highlight the procedures for obtaining and filing these bonds. The presenters will also discuss the differences in the various Court Bonds and some underwriting and claims considerations. Finally, the presenters will provide an overview of the Notary Bond process – from the issuance of the bonds to claims procedures, including a discussion of what parties have standing to pursue claims on notary bonds and the duties of a notary.
Jeffrey M. Frank
Founding shareholder and Managing Partner, Alber Frank, PC
Jeffrey M. Frank is a founding shareholder and the managing partner of Alber Frank, PC practicing primarily in the Troy, Michigan office. Frank is licensed to practice in Michigan and is admitted to the U.S. District Court, Eastern and Western Districts of Michigan, and the Sixth Circuit Court of Appeals. Frank graduated cum laude from the University of Michigan in 1989 and from the Boston University School of Law in 1992. He concentrates his practice primarily in the areas of fidelity and surety law, specializing in commercial surety, as well as commercial and probate litigation. He is a member of the American Bar Association Forum on the Construction Industry and the Tort Trial and Insurance Practice Section’s Fidelity and Surety Law Committee (FSLC). Frank is the editor of The Law of Probate Bonds, Second Edition, which was released in 2015. He is the author of the Michigan chapters in the FSLC publications regarding motor vehicle dealer bonds and contractor license bonds as well as the FSLC Surety Underwriter’s Desk Book. Frank is also a member of the Fidelity and Surety Steering Committee of the Defense Research Institute as well as a member of the National Bond Claims Association and the Surety Association of Michigan.
Frank regularly serves as a mediator in the Wayne County (MI) Probate Court and frequently lectures on surety issues.
Omar J. Harb
Shareholder, Law firm of Alber Frank, PC
Omar J. Harb is a shareholder in the law firm of Alber Frank, PC in Troy, Michigan. Harb is licensed to practice in Michigan and is admitted to the United States District Courts for the Eastern and Western Districts of Michigan, as well as the Sixth Circuit Court of Appeals. Harb graduated from Cornell University in 1991, and thereafter received a Juris Doctorate, Cum Laude, in 1994 from the University of Michigan Law School.
Harb’s practice primarily involves contract and commercial surety matters, including probate and notary bond claims and litigation. His practice also includes fidelity law, as well as salvage and indemnity issues on behalf of sureties. Harb previously served as Website Coordinator and as a Co-Chair of the Fidelity and Surety Law Committee’s Technology Division, within the Tort Trial and Insurance Practice Section of the American Bar Association, and is currently an Editor-in-Chief of the FSLC Newsletter. Harb is a frequent author and speaker on various fidelity and contract and commercial surety topics.