Category: Bond Articles

Draft Minutes from the following
recent meetings have been posted for Members:

• Fidelity Claims Advisory Committee meeting – January 24, 2018
• Board of Directors meeting – December 7, 2017
• Commercial Surety Advisory Committee meeting – December 6, 2017
• Fidelity/Fidelity Claims Advisory Committee meeting – November 8, 2017
• e-Business Advisory Committee conference call – October 4, 2017
• Diversity & Human Resources Advisory Committee meeting – September 28, 2017
• Actuarial Advisory Committee meeting – September 13, 2017
• Contract Bonds Advisory Committee meeting – September 13, 2017
• Government Affairs Advisory Committee meeting – September 13, 2017
• Communications Advisory Committee conference call – September 12, 2017
• Surety Claims Advisory Committee meeting – June 20, 2017
• Fidelity Advisory Committee meeting – May 10, 2017
• International Advisory Committee meeting – May 10, 2017
• Surety Claims / Corporate Counsel Advisory Committees meeting – January 18, 2017
• Joint Automation Committee meeting – September 24-25, 2015
• Statistical Advisory Committee meeting – September 2, 2015

Members should navigate to the Board and Committees section of the website for for additional information
about SFAA Board and Advisory Committees.

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.

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.

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. 

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

2018 Public Private Partnership (P3) State Legislation

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

Case Summary Reports have been posted for Members, Subscribers, Claims Advisors and Case Summary Subscribers: 2003-2018 Surety and Fidelity Cases Indexed by State/Topic 2003-2018 Surety Cases Indexed by Topic 2003-2018 Fidelity Cases Indexed by Topic 2003-2018 Bail Cases by State

Members should navigate to the Claims page.
Subscribers should navigate to the Home / Subscriber Home Page.
Claims Advisors should navigate to the Home / Claims Advisors Home Page.
Case Summary Subscribers should navigate to Home / Case Summary Subscriber Home Page.

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.