The Surety & Fidelity Association of America (formerly known as The Surety Association of America) is a trade association consisting of companies that collectively write the majority of surety and fidelity bonds in the United States.

These are the bonds that facilitate commerce, assist economic development, and protect consumers, taxpayers, and businesses in a variety of ways, such as:

  • guaranteeing the completion of construction projects, such as schools, roads, office buildings, and hospitals;

    Follow SFAA:

  • assuring the payment of contractors;
  • helping achieve compliance with state laws;
  • and protecting against breach of fiduciary responsibilities.

    What's New

    *** The new SFAA website is coming on Monday, January, 30, 2012. Members and Subscribers will be sent their new personal login information on the morning of 1/30/2012. ***

    FINRA Rider Filing Status Report posted for Members (1/27/2012)

    SFAA Progress Report with the New York State Bonding Initiative (1/27/2012)

    House Small Business Committee to Address SBA Bond Guarantee Program (1/24/2012)

    Annual State Legislative Reports - Final 2011 Edition: Commercial Surety; Contract Surety; Fidelity posted for Members (1/24/2012)

    Claims updates posted for Members: 2003-2012 Bail Cases by State; 2003-2012 Fidelity Cases (Indexed by Topic); 2003-2012 Surety Cases (Indexed by Topic) (1/23/2012)

    News Release: SFAA Tells Congress to Let Smaller Construction Contracts, Protect Workers on Projects (1/17/2012)

    SFAA Will Tell Congress to Let Smaller Contracts and Protect Workers and Suppliers on Projects (1/12/2012)

    Testimony of Lynn M. Schubert Before the U.S. House of Representatives Armed Services Committee Panel on Business Challenges within the Defense Industry - "Doing Business with DOD: Unique Challenges Faced by Small and Midsize Businesses" (1/12/2012)

    Kentucky Responds to SFAA Comments and Lowers Bond Amount for Real Estate Appraisal Companies (1/12/2012)

    SFAA Fidelity and Surety Statistical Plan (1/12/2012)

    Call for 2011 Statistics (1/12/2012)

    Form 14, 15, 24 and 25 Revision Filing Status Report posted for Members (1/10/2012)

    Final 2010 Top 50 reports posted for Members and Subscribers (1/10/2012)

    Final Industry IEE Data reports for 2010 posted for Members and Subscribers (1/10/2012)

    Status of the 2012 State Legislative Sessions posted for Members (1/10/2012)

    Comprehensive Legislative Reports - January 2012 Commercial Surety; Contract Surety; Fidelity posted for Members (1/9/2012)

    CPP & CPP for Public Entities/F.I. Rules Manual Location Charge Revision Filing posted for Members (12/21/2011)

    3rd Quarter 2011 Results and Quarterly Top 100 reports (Quarterly Results) updated for Members and Subscribers (12/20/2011)

    Onerous Bond Form List updated for Members and Subscribers (12/8/2011)

    News Release: NASBP & SFAA Support H.R. 3534, the "Security in Bonding Act of 2011", Introduced by Representatives Richard Hanna (R-NY 24th) and Mick Mulvaney (R-SC 5th) (12/2/2011)

    November/December 2011 Newsletter posted for Members and Subscribers (12/1/2011)

    2012 Loss Severity Study Data Call posted for Members (12/1/2011)

    The Human Resources Advisory Committee has released a new Career Testimonial Brochure to be used as a stand-alone piece or in conjunction with the fidelity and surety recruiting brochure released in 2010. Both publications highlight career opportunities in fidelity and surety. Members companies are free to print as desired. (11/29/2011)

    Legislative Overview Reports - November 2011: Commercial Surety; Contract Surety; Fidelity posted for Members (11/29/2011)

    Subscribers to SFAA Fidelity and Surety Case Summaries List updated for Members (11/21/2011)

    Final 2010 Top 100 report for Surety posted for Members and Subscribers (11/21/2011)

    Loss Costs Update Filing (Surety) 2011 Report posted for Members (11/18/2011)

    Preliminary 2010 12-Year Class Experience Summary Reports posted for Members and Subscribers (11/10/2011)

    Preliminary 2010 Class Experience Summaries posted for Members and Subscribers (11/10/2011)

    Preliminary 2010 Countrywide Class Experience Summaries posted for Members and Subscribers (11/10/2011)

    Construction Executive - November 2011 (11/9/2011)

    Statutory and Regulatory Provisions Governing Fidelity and Surety Filing Requirements updated for Members (10/31/2011)

    Additional 2011 End of Legislative Session Reports posted for Members (10/19/2011)

    Regulatory Reports - October 2011: Commercial Surety; Contract Surety; Fidelity posted for Members (10/14/2011)

    Maryland Bonding Education Program Yields First Success Story [external link to U.S. DOT] (9/9/2011)

    SFAA 2012 Goals and Objectives for Legislation and Projected Surety & Fidelity Legislative Issues in 2012 posted for Members(9/8/2011)

    Final 2007, 2008, and 2009 FI Cause of Loss posted for Members and Subscribers (8/30/2011)

    Final 2009 5-Year Class Experience Reports posted for Members and Subscriber (8/30/2011)

    Binder of Standard Fidelity Forms (effective May 1, 2011) updated for Members and Subscribers (7/26/2011)

    Arizona Endorsements/Riders (SE 90 36 07 11, SE 01 24 07 11, SR 6206a) posted for Members (7/25/2011)

    Verify Your Bond - 2011 Bond Obligee Guide updated (7/15/2011)

    FINRA Rider Filing Announcement posted for Members (7/15/2011)

    Fidelity and Forgery Rules Manual updated for Members and Subscribers (effective May 1, 2011, PR pages added 7/13/2011)

    SFAA Reference Numbers, Filing Descriptions and Effective Dates updated for Members (7/11/2011)

    Educational Opportunity: Commercial Surety Seminar, October 26-27, Chicago, IL (7/8/2011)

    ENR 2011 Surety Market Report posted (6/30/2011)

    Surety Industry Concerns with U.S. Senate Bill (S.223) "FAA Air Transportation Modernization and Safety Improvement Act of 2011" (6/27/2011)

    IT Survey Summary Report posted for Members (6/17/2011)

    Update on Immigration Legislation and its Impact on Surety posted for Members (6/9/2011)

    The Financial Industry Regulatory Authority ("FINRA") has established January 1, 2012 as the effective date with regard to Rule 4360 (5/23/2011)

    Performance Bonds on Green Building Construction (5/20/2011)

    103rd Annual Meeting presentations; 2011-2012 Board of Directors list; 2011-2012 Advisory Committee list; and 2010-2011 Advisory Committee reports posted for Members (5/6/2011)

    2010 Fast-Track Projections posted for Members and Subscribers (5/5/2011)

    Preliminary 2010 Top 100 report for Fidelity posted for Members and Subscribers (4/22/2011)

    Deadline for the Surety & Fidelity Industry Scholarship Program application has been extended to May 31, 2011 (4/20/2011)

    NAIC 2011 Spring National Meeting Report posted for Members (4/8/2011)

    Baltimore Sun reports problems with Individual Sureties (3/22/2011)

    Lynn Schubert, President, SFAA, stresses the importance of fidelity bonds in "Insurance, Surety and Risk Management Outlook 2011" article, linked with permission from ENR (3/18/2011)

    SFAA testifies on Maryland legislation to permit individual sureties to provide bonds on private construction projects (3/4/2011)

    Announcement: Surety and Fidelity Industry Scholarship Program for Minority Students 2011-2012 (3/1/2011)

    EJCDC Documents C-610 and C-615 posted for Members (2/8/2011)

    Webinar: "The Subdivision Bond Claims Process - Issues and Best Practices", January 26, 2011 - now available for purchase (2/3/2011)

    News Release: Virginia - Senate Wants to Study Bonding Issues (1/25/2011)

    2010 Annual State Legislative Reports - Final Edition - posted for members: Commercial Surety; Contract Surety; Fidelity (1/12/2011)

    2011 Call for Financial Statements (1/11/2011)

    ABA Fidelity and Surety Law Publications Available through the SFAA (9/14/2010)

    Subscriber services now available to all in the industry who are ineligible to become members or foreign affiliates!


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