 | Comprehensive Legislative Reports for Commercial Surety, Contract Surety and Fidelity posted for Members. Navigate to: |
Category: Surety Bond Articles
bond articles
bookmark_borderERISA Dishonesty Bond Filing Status Report posted for SFAA Members
 | ERISA Dishonesty Bond (SFAA-F-303; XX-FM-24) Status Report posted for Members on the Regulatory Filings / Countrywide Filings page. |
bookmark_borderMassachusetts Form Filing Requirements – Fidelity and Crime Filings Status Report posted
 | Massachusetts Form Filing Requirements – Fidelity and Crime Filings Status Report posted for Members on the Regulatory Filings / Countrywide Filings page. |
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_borderSFAA Promotes the Value of License Bonds …
 | SFAA Promotes the Value of License Bonds as Federal and State Governments Explore Occupational Licensing Reform |
Members should visit Government Relations / General Info (Members) for more information.
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.