Freight Broker Bond BMC-84 Cancellations
FREIGHT BROKER BOND BMC-84 CANCELLATIONS
BOND CLAIM INFORMATION
Federal law requires sureties to publicly advertise for receipt of claims for a period of 60 days following publication by the Federal Motor Carrier Safety Administration ("FMCSA") of cancellation of a bond per the terms of 49 U.S.C. Sect. 13906.
For claims to be considered under a BMC-84 bond, a bond claim notice must be received by Philadelphia Indemnity Insurance Company within 60 days following the date of FMCSA's publication of the notice of bond cancellation. Claims received after the 60 day period will not be accepted. A listing of bonds cancelled in accordance with 49 U.S.C. Sect. 13906 can be found here.
To aid in processing the claim, it is helpful if the claim notice includes: 1) name of the Broker/Principal; 2) Bond number, if known; 3) amount of the claim; and 4) dates of services. Notices may be sent to the Surety Claims department via either:
- Email: email@example.com
- Mail: Philadelphia Indemnity Insurance Company
ATTN: Surety Claims
P.O. Box 3636
Bala Cynwyd, PA 19004
Nothing herein shall be deemed a waiver or estoppel by Philadelphia Indemnity Insurance Company of its rights or defenses available under the bond and applicable law, or to contest the validity of any claim. The information contained herein is based upon available information and belief of the surety, and in no way an affirmation or opinion of the financial condition of its principal.