Massachusetts Form Filing Requirements – Fidelity and Crime Filings Status Report posted for Members on the Regulatory Filings / Countrywide Filings page. |
Category: Surety Bond Articles
bond articles
bookmark_borderFidelity and Forgery Rules Manual updated
The Fidelity and Forgery Rules Manual has been updated with a Fidelity Rules Manual Exception page for Hawaii for Members and Subscribers (effective date 3/1/2018).
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bookmark_borderFiling to Update Surety Rules Manual status report updated
Filing to Update Surety Rules Manual *XX-SM-10 report updated for Members on the Regulatory Filings / Countrywide Filings page. |
bookmark_borderCrime Protection Policy Schedule Endorsement Filing status report updated
Crime Protection Policy Schedule Endorsement Filing (SFAA-F-294), XX-FM-21, Loss Cost Filing Number XX-FLC-13 status report updated for Members on the Regulatory Filings / Countrywide Filings page. |
bookmark_borderUpcoming Meeting Materials Posted
Meeting Materials for upcoming meetings have been posted for Members: |
Upcoming:
- Government Affairs Advisory Committee (March 27, 2018)
Past:
- Diversity & Human Resources Advisory Committee (March 8, 2018)
- Contract Bonds Advisory Committee (January 29, 2018)
- Fidelity Claims Advisory Committee (January 24, 2018)
- Surety Claims Advisory Committee / Corporate Counsel Advisory Committee (January 24, 2018)
- Communications Advisory Committee (January 11, 2018)
- Board of Directors (December 7, 2017)
- Commercial Surety Advisory Committee (December 6, 2017)
- International Advisory Committee (December 6, 2017)
- Actuarial Advisory Committee (November 8, 2017)
- eBusiness Advisory Committee (October 4, 2017)
- Annual Meeting General Session (May 11, 2017)
- Congressional Action Day (May 10, 2017)
- Fidelity Advisory Committee (May 10, 2017)
- Young Professionals Group (May 9, 2017)
- Joint Fidelity Advisory Committee / Fidelity Claims Advisory Committee (November 9, 2016)
- Statistical Advisory Committee (September 21, 2016)
Members may register online for upcoming meetings or get more meeting details at http://www.surety.org/events/event_list.asp.
bookmark_borderEnd of Legislative Session Reports posted
End of 2018 Legislative Session reports have been added for Oregon and updated for New Mexico for Members only. |
Navigate to Government Relations / End of Legislative Session Reports
bookmark_borderThis Week in Surety & Fidelity Legislation
The Weekly Legislation Report posted has been posted. SFAA has replaced the monthly overview reports with the weekly legislative update on Surety & Fidelity legislation. Reports are available for Members on the Weekly Legislative Reports page. |
Members may sign up to receive email notifications by subscribing to the “Legislative-Regulatory Alert” group.
bookmark_borderSFAA Bill to Address Missouri Case Law on Bonding Public Works Projects Passed out of Committee
SFAA Bill to Address Missouri Case Law on Bonding Public Works Projects Passed out of Committee |
Missouri HB 2453 would amend the existing procurement law to clarify that bonds are required when a construction manager agency is used. The bill has passed out of committee in the House.
Members should visit Government Relations / General Info (Members) for more information.
bookmark_borderSFAA’s Bill to Address Attorneys’ Fees Awards in Bond Claims Considered but not Enacted
SFAA’s Bill to Address Attorneys’ Fees Awards in Bond Claims Considered but not Enacted |
Washington SB 6428/HB 2852 would have placed reasonable limits on the award of attorney fees’ against sureties. The bill provided that the rights granted under current procurement law would have been the exclusive remedy for recovering attorneys’ fee for all disputes, including but not limited to coverage disputes involving a performance or payment bond required under the Little Miller Act. The legislation stalled in the House and died at the end of the session since bills do not carry over to 2019 in Washington.
Members should visit Government Relations / General Info (Members) for more information.
bookmark_borderSFAA’s Bill in Indiana to Require Bonding in P3s Goes to Study
SFAA’s Bill in Indiana to Require Bonding in P3s Goes to Study |
Indiana HB 1301 would direct the Legislative Council to form an interim study committee to examine requiring performance and payment bonds for future public private partnership (P3) projects for the three P3 laws that SFAA sought to amend. As introduced, HB 1301 contained the amendments that SFAA drafted to require 100% bonds in all three P3 laws. The bill was amended twice to reduce the bond requirements from 100% to 50% and then down to 25% before it was amended again to send the issue to another study committee. HB 1301 has been sent to the Governor. There also are study provisions on bonding for any kind of P3 project in HB 1374 that the Governor has signed. HB 1374 also revises the existing law for the Indiana Finance Authority.
Members should visit Government Relations / General Info (Members) for more information.