Industry Issues

The Surety & Fidelity Association of America is active in federal and state advocacy related to our industry both in a legislative and regulatory context. More detailed information about our legislative and regulatory activities is available on our Members Only site.

Congressional Action Day Materials - May 19 (5/11/2010)

Owners, Contractors and Sureties Propose Modification of the American Institute of Architects A312 Payment Bond (4/21/2008)

A Primer on Surety (10/12/2007)

State Legislative Issues:

• Assigned Risk Plans
  • Why Assigned Risk Plans Won't Work for Surety Bonds - Commercial Surety Version (6/2/2010)
  • Why Assigned Risk Plans Won't Work for Surety Bonds - Contract Bond Version (6/2/2010)
• Bad Faith:
  • Rhode Island HB 7766: Bad Faith in Probate Surety Bond (6/2/2010)
  • Rhode Island SB 2229: Bad Faith in Surety Bond Claims (6/2/2010)
• Bond Waivers
  • Bond Waivers Hurt More than Help in a Bad Economy (6/2/2010)
  • AWaiver of Surety Bonds ... It Hurts Small and Emerging Contractors and Puts Taxpayers and Laborers at Risk (6/2/2010)
  • Ohio HB 1 - The State Budget Hurts Small and Emerging Contractors and Puts State Taxpayers and Laborers at Risk (7/23/2009)
  • New York Senate Bill 5987 - Bond Waivers for Small Contractors (7/14/2009)
• Individual Sureties:
  • Individual Surety Legislation Does Not Work (6/2/2010)
  • Helping Small Contractors Obtain Bonding - What Works & What Doesn't? (6/2/2010)
  • Maryland Bill Analysis (6/2/2010)
• Little Miller Act Thresholds
  • Increasing State Bond Thresholds ... It Hurts Small and Emerging Contractors and Puts State Taxpayers and Laborers at Risk (6/2/2010)
• Long Term Warranties
  • SFAA Statement Concerning Bonding Long-Term Warranties (6/2/2010)
• Mortgage Broker Bond Material
  • States Rush to Comply with New Federal Mortgage Broker Licensing Standards (1/26/2009)
  • The Underwriting of Mortgage Broker and Lender Bonds - The Basics (1/26/2009)
  • Model Surety Bonding Language for State Enacting a New Licensing and Bonding Requirement for Mortgage Lenders and Mortgage Brokers/Originators (1/26/2009)
  • Sample Mortgage Broker/Lender Bond (1/26/2009)
  • Surety Bond Requirements for Mortgage Brokers and Mortgage Bankers by State (8/10/2009)
• Motor Vehicle Dealer Bonds - The Basics (6/4/2010)
• Retainage - It Gets the Job Done (6/2/2010)
• Surety Eligibility Requirements:
  • The "A" Rated Surety Issue (6/2/2010)
  • New Jersey SB 1392: How to Find and Select a Surety Company (6/2/2010)

• Assignment of Claims
  • Assigning Federal Construction Contracts to Sureties Enhances Performance (5/24/2010)
  • Proposed Amendments to the Assignment of Claims Act (10/12/2007)
• Contract Bundling
  • Creating and Enforcing Reasonable Small Business Participation Rules (5/24/2010)
• McCarran Ferguson
  • McCarran Fosters a Financially Sound and Highly Competitive Insurance Industry (5/24/2010)
• Medicare Bond
  • H.R. 1970 - Surety Bonding Helps Prevent Medicare Fraud and Waste (7/23/2009)
• SBA Bond Guarantee Program
  • Revitalizing the SBA Surety Bond Guarantee Program - List of Reforms Needed (5/24/2010)
  • Revitalizing the SBA Surety Bond Guarantee Program (5/24/2010)
  • The Role of Congress in Revitalizing the SBA Surety Bond Guarantee Program - The SBA Reauthorization Act (7/22/2009)
  • Testimony of William G. Peterson, CNA Surety Corporation, VP and Public Affairs Officer, Before the U.S. House of Representatives Committee on Small Business (9/6/2007)
• Small Business Issues
  • DOT Notice of Proposed Rulemaking Comments (7/9/2010)
  • Comments to Small Business Task Force (6/30/2010)