How a notary bond protects the public
May 22, 2009 by Dunkin · 6 Comments
A notary public is an appointed position by the Secretary of State’s office in a given state. Just like most public officials, the State specifies that the person get a surety bond prior to getting the commission. This bond “makes sure” that when the official violates the public trust through negligence of their responsibilities, funds are set aside to indemnify the State for its loss.
The primary duty of notaries public is to validate that the individual parties to an agreement are who they claim to be. The State may suffer a loss if the notary forgets to properly ensure the identity of the parties.
As a public official, the notary causes harm to the public trust by failing in their duty to confirm identity. If a Florida notary public doesn’t confirm identity and a loss occurs, an injured party can file a claim against that State for their loss, because the State was negligent through its appointed representative.
A notary bond is a promise to pay to the obligee (the State) should losses occur for a penalty amount of the bond. Notary Public bonds are often provided by a surety company (typically an insurance carrier). The bond often runs concurrently with the period of the notary’s commission.
You may be familiar with a homeowners insurance policy. When you have an Indiana home insurance claim, the insurance carrier pays the loss and writes off the loss. You aren’t required to reimburse the company for the loss. Unlike a property insurance policy however, a notary bond is simply a promise that the funds will be available should losses occur. The surety (insurance company) makes a payment to the State up to the penalty amount of the bond. However, this claim paid by the surety is not simply written off. The company will most likely seek reimbursement from the bonded person, the notary themself.
A notary bond protects the public. Who protects the notary? Insurance coverage is available to provide this protection – it’s called Notary E & O and can also be obtained for a nominal fee from insurance carriers.
Best Weight Loss Programs – The Cookie Diet?
February 11, 2009 by Dunkin · 3 Comments
It is easy to think of Cookie Diet as a joke, but once you learn a bit about the diet’s tactics, you may change your mind. The Cookie Diet is not really a diet at all, but a nutritional cookie designed to stem your hunger craving so that you can stay on your diet of choice. The cookies are made from a mixture of amino acids baked into a cookie and will control a patient’s hunger.
- When you are researching the best weight loss programs, we are committed to bringing you a variety of options.
Fad diets have been around for decades and sometime come back into vogue, but in reality, the Cookie Diet has been around for many decade, and has gained respectable following over the years.
Fad diets in general are designed to last for short periods of time and promises to help you loose a large amount of weight.
Often times, like the cookie diet, fad diets rely on one miracle food with amazing properties for weight loss. In this sense fad diets are akin to the old traveling medicine salesman.
In any case, the cookie diet was created by a physician named Sanford Siegel in 1975 while he was researching a book on the effect of natural foods on hunger. This cookie diet consisted of patients eating six cookies each day in place of meals, then eating a reasonable dinner. There were about 500 calories combined in the cookies, and the dinner could be 300 calories in the evening. Very quickly the cookie diet became a huge success, with 14 clinics in Florida and 10 in Latin America expounding this amazing weight loss formula. In the middle 1980s over 200 doctors were prescribing Dr. Siegel’s cookie diet in their own practices. It was at this time that shakes and soups were added to the mix, these also containing the amino acids that control hunger.
Read more about the Cookie Diet.
