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CRESPA bond is doubled

The CRESPA bond requirement is being increased, according to this announcement from the Virginia State Bar. An amendment to Code § 6.1-2.21 increasing the minimum CRESPA surety bond from $100,000 to $200,000 will be effective on July 1, 2008. UPDATE: ...

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Protecting the public

The Virginia State Bar Council took decidedly different positions Friday on two issues described as public protection measures. One was a proposal to require insurance companies to notify claimants when they mail settlement checks to the claimants’ attorneys. That measure ...

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