Advocacy Priorities

The SFAA advocacy team is active on the local, state and federal levels to ensure the interests of the surety and fidelity industry and our stakeholders are effectively represented within the legislative process. Our strength is exhibited in our ability to speak with one united voice to promote the surety and fidelity industry when educating legislators, regulators, government officials, media, and other industry stakeholders on the value surety and fidelity bonds provide to our economy.

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Our Advocacy Priorities Include:

Maintaining Bonding Protections: Opposing bond threshold increases and waivers of legislatively-required bonding on public projects that protect workers, subcontractors, suppliers and taxpayers.

Bonding P3 Construction Projects: Requiring the same payment and performance bonding protections used in all other public construction projects utilizing public-private partnerships (P3).

Strong Regulatory & Financial Requirements: Ensuring the same strong regulatory and financial requirements for licensed insurance companies are also in place for independent sureties for the protection of the public.

Judicial Contract Adherence: Ensuring judicial awards are based solely on the agreed upon bond terms; for example, opposing Bad Faith claims and attorneys’ fees not expressly included in the bond terms.

Infrastructure Investment – Best Action for Congress to Take

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Advocacy & Policy

SFAA promotes the interests of
the surety and fidelity industry
and all of its stakeholders.

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News & Events

The Surety & Fidelity Association of America (SFAA) Launches New Brand and Website

October 7, 2021

For Immediate Release October 7, 2021 (WASHINGTON, DC) – The Surety & Fidelity Association of America…

SFAA Annual Meeting Highlights Accomplishments and Initiatives; Membership Re-Elects Board, Elects New Reinsurance Representative

October 6, 2021

During the Annual Meeting of The Surety & Fidelity Association of America (SFAA), John Welch, SFAA chair and president and CEO, CNA Surety, and...

The Surety & Fidelity Association of America Foundation Awards 17 Students With $5,000 Scholarships

September 14, 2021

The Surety and Fidelity Intern and Scholarship Program creates new pathways for underrepresented college students to enter the surety and fidelity industry...

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