Author: Admin

Approved SFAA Filings: SFAA Filing Reference Numbers – Rules Manual, Loss Cost and Fidelity Form Filings has been updated for multiple states.

Members may navigate to Regulatory Filings / Approved SFAA Filings.

SFAA Comments on Proposed California Bond Requirement for Third Party CDL Testers

Members should visit Advocacy / General Info (Members) for more information.

SFAA and NASBP Address Bonding for FCC-Funded Projects in U.S. Territories

Members should visit Advocacy / General Info (Members) for more information.

SFAA Defeats Bond Waiver Bill in Rhode Island

SFAA and AIA defeated Rhode Island HB 7809/SB 2513, which would have granted the chief purchasing officer the discretion to waive the state bond requirements for projects up to $250,000. The bill also would have increased the state bond threshold for public works projects from $50,000 to $100,000.

Members should visit Advocacy / General Info (Members) for more information.

The U.S. Treasury Department has issued its annual update to Circular 570 for 2018. Treasury reports the following updates for this year?s publication:

July 3, 2018:

Ironshore Specialty Insurance Company (NAIC #25445) voluntarily relinquished its Treasury Certificate of Authority, which became effective June 30, 2018.

July 3, 2018:

Texas Pacific Indemnity Company (NAIC #20389) merged into its parent company, Pacific Indemnity Company, which was effective on September 30, 2017.

View list of Additions and
Terminations

The Subscribers to SFAA Fidelity and Surety Case Summaries list has been updated for Members, Claims Advisors and Case Summary Subscribers.

Navigate to Member Services / Claims / Subscribers to Case Summaries.

New bonding opportunities enacted in the state legislature that may be of interest to SFAA members has been posted. The report is divided by line of business: contract surety, commercial surety, and fidelity bonds. For your reference, we have included the date of enactment for each bill. SFAA updates this list periodically as new bonding opportunities are enacted.

Access the New Bonding Opportunities now

Public:

• 2018-2019 Board of Directors list
• News Release – SFAA Elects Board Members and President

Members:

• Commercial Surety Advisory Committee presentation
• International Advisory Committee presentations
• 2018-2019 Executive Committee list
• 2017-2018 Annual Committee reports (Member Services, Committees …)
• 2018-2019 Advisory Committee Members (Member Services, Committees …)
• Annual Meeting presentations and videos

SFAA?s Bill to Eliminate Indexing of Miller Act Bond Threshold Passes House in the NDAA

Members should visit Advocacy / General Info (Members) for more information.

The first quarter 2018 Quarterly Results have been posted for Members and Subscribers

Navigate to these reports at Statistics / Statistical Reports: Financial Statement Data / Quarterly Results For Members only, historical quarterly reports have been added back to 2010 Q1.

Non-Members may purchase these reports by completing a Statistical Report Order Form. Click here for a complete list, description, and release schedule of statistical reports.

The
data used to produce these reports have been compiled by both The
Surety & Fidelity Association of America and SNL Financial LC, and
is copyrighted by both The Surety & Fidelity Association of America
and SNL Financial LC. Reproduction in any form in whole or in part is
prohibited without written permission from The Surety & Fidelity
Association of America.