Final answer:
Upon notice from a former insurer, the surety bondsman and new insurer may terminate their bond with the insured party or decline to offer coverage based on the information provided by the former insurer.
Step-by-step explanation:
Upon notice from a former insurer, both the surety bondsman and the new insurer may take certain actions in response. One possible action is for the surety bondsman to terminate their bond with the insured party, as they may no longer feel comfortable providing coverage. The new insurer may also decide not to offer coverage to the insured party, based on the information provided by the former insurer. This decision may be made to mitigate the potential risks associated with the insured party.