3/2/2009
Surety Company of the Pacific was bought by HCC Insurance Holdings and was merged with American Contractors Indemnity Company. All bonds written by Surety Company of the Pacific remain valid and are backed by the financial strenght of HCC Insurance Holdings, rated A+ by A.M. Best Company. For more information about this merger, you can read about it at the CSLB website or HCC's press release.

1/15/2009
Surety Company of the Pacific is changing their underwriting procedure. Updated applications are needed from all contractors that purchased their bond before 1998 as well as some who purchased their bond after this date. We apologize for the inconvenience this is causing some of our long term customers. If an updated application is needed, you should have received a letter from us letting you know this. For more information, please click here.

3/1/2008
Surety Company of the Pacific (SCP) raises their rates for contractors license bonds that are effective after 6/1/2008. SCP did not raise their rates when the bond amount went from $10,000 to $12,500 as most other surety companies did. After nearly 1 1/2 years of the new $12,500 bond amount, SCP needed to raises their rates as the rest of the industry had.

1/1/2007
Contractors license bonds increase to $12,500. Unlike three years earlier when license bonds were raised to $10,000, Bonds of Qualifying Individual were raised this time as well, also to $12,500. CSIA bonds with Surety Company of the Pacific are automatically raised to the new amount at no charge.

1/1/2007
All licenses with a Roofing (C-39) classification are required to have a valid Certification of Workers' Compensation Insurance regardless of whether or not they have employees.

6/1//2006
Pursuant to legislation passed in 2003, the required amount of a contractor's bond will increase from $10,000 to $12,500 on January 1, 2007. Under the same legislation, the bond amount for bonds of qualifying individual will increase from $7,500 to $12,500.

5/26/06
Governor Schwarzenegger signs AB 881, requiring all licenses with a Roofing (C-39) classification to have a valid Certification of Workers' Compensation Insurance regardless of whether or not they have employees. The new law comes into effect 1/1/2007.

1/1/2006
Deadline for employees of Electrical (C-10) contractors to take and pass the general electrician and fire/life safety technician exam.

1/1/2006
New home improvement contract requirements take effect. The changes are designed to make contracts more informative to consumers and easier for both the contractor and consumer to understand. Please see the CSLB website for further details.

1/1/2006
New service and repair contract provisions take effect. When the contract amount is $750 or less and the buyer initiates contact, the consumer's right to cancel ends when work begins.

1/1/2004
The CSLB's Home Improvement Certification (HIC) Program and its requirements ends pursuant to the legislation that created it. Therefore, the CSLB no longer offers the certification, and contractors do not need it to enter into home improvement contracts.

1/1/2004
Contractors License Bonds are raised to $10,000. Bonds of Qualifying Individual remain at $7,500.