In our June 2014 newsletter we provided some basic information concerning eBond, U.S. Customs’ new electronic bond filing system. Since our last newsletter we have been on numerous conference calls with Customs and we continue to meet with Customs frequently to ensure that our office is prepared for the transfer to the eBond process. Customs … Read more
Customs is currently working on an overhaul to Customs bonds and how they will be filed. We are dedicating this newsletter to Customs new eBond filing system and what it will mean to our broker and principal clients. What is eBond? eBond, short for Electronic Bond, is the new process Customs will be using to … Read more
Effective January 9, 2013, CBP amended the guidelines for the acceptance of untimely petitions and mitigation of claims replacing the previous guidelines. After a liquidated damage claim is issued, an importer/bond principal may file a petition for relief within 60 days of the date of the claim notice to request the claim be cancelled lowered … Read more
With the government shutdown starting today and the uncertainty of how long the shutdown will continue, Customs and Border Protection (CBP) has advised that the shutdown may impact the processing of bonds and riders. Yesterday, CBP issued the following statement. “FEDERAL GOVERNMENT SHUTDOWN Due to the Federal Government shutdown, the Revenue Division Bond Team is … Read more
We at C.A. Shea & Company take our motto of “Courtesy and Service” very seriously. Unfortunately, Mother Nature can sometimes step in and make it difficult for us to be available for our clients. When the 2011 Halloween nor’easter knocked the office’s power out for 3 days and Superstorm Sandy interrupted our power and internet … Read more
We at C.A. Shea & Company, Inc. would like to take a brief moment to thank each and every one of you, our brokers, for your patience and cooperation during Superstorm Sandy. Our office was without power, phone and internet for nearly two weeks; however, despite these setbacks, by working from a remote location, C.A. … Read more
We are pleased to announce that Shea has been approached and has entered into relationships with Arch Insurance Group, Aspen Specialty Insurance and Philadelphia Insurance Companies to provide Customs bond support for their valued surety accounts and producers. With the continued expansion of sureties into the marketplace, it has become increasingly important for the newer … Read more
C.A. Shea is pleased to offer brokers the ability to remit payment via wire transfer. This allows your account to update the day we receive payment, rather than waiting for a check to clear. It also cuts down on the amount of paper generated to issue a check. If you would like to pay premiums via … Read more
C.A. Shea is pleased to announce the celebration of our 66th year this past December as a leading intermediary broker specializing in the placement and administration of U.S. Customs bonds. A family owned and operated business incorporated in 1945, we are proud to say that members of the fourth generation of the family are now … Read more
In an attempt to better serve our clients, C.A. Shea can now offer emailed statements and renewal invoices. This allows our clients to receive their statements and renewal invoices directly into their email inbox without having to worry about documents getting lost in the mail. It also cuts down on the amount of paper used … Read more
