EY Report: Surety Bonding Provides Strong Economic Value and Strengthens Performance for Public and Private Construction Projects

A new study released today, The Economic Value of Surety Bonds, finds public and private construction projects protected by surety have lower rates of contractor default, lower cost of completion in the case of default, and are finished faster than non-bonded projects.

The Surety & Fidelity Association of America Foundation Awards 15 Students With $5,000 Scholarship

The Surety & Fidelity Association of America Foundation (SFAA Foundation) announced today the 15 students selected as recipients of a $5,000 scholarship as part of the Surety and Fidelity Intern and Scholarship Program for 2022.

SFAA Receives Prestigious 2022 ASAE Silver ‘Power of Associations’ Award for Federal Advocacy Campaign

The Surety & Fidelity Association of America (SFAA), a nonprofit, nonpartisan trade association representing all segments of the surety and fidelity industry, won the prestigious ASAE Silver Power of Associations Award for their TIFIA-Bonding Advocacy Campaign.

The Surety & Fidelity Association of America and Coalition of Partners Encourage Lawmakers to Pass Water Resources Development Act of 2022

SFAA commends the Small Business Administration (SBA) for its recent updates to the Surety Bond Guarantee (SBG) Program. The ruling from the SBA clarifies and modernizes certain regulations and conforms them to industry standards.

Surety & Fidelity Association of America and Coalition of Partners Urge Lawmakers to Pass the Small Business Payment for Performance Act

SFAA commends the Small Business Administration (SBA) for its recent updates to the Surety Bond Guarantee (SBG) Program. The ruling from the SBA clarifies and modernizes certain regulations and conforms them to industry standards.

SFAA and Surety Industry Commend the SBA for its Continued Work to Streamline the Surety Bond Guarantee (SBG) Program

SFAA commends the Small Business Administration (SBA) for its recent updates to the Surety Bond Guarantee (SBG) Program. The ruling from the SBA clarifies and modernizes certain regulations and conforms them to industry standards.

Surety Industry Expert to Testify at SBA’s Surety Bond Guarantee Program

SFAA is pleased to announce that Ralph Pulver, Regional Underwriting Officer, Travelers Bond, will be testifying on behalf of SFAA and the surety industry at a hearing being held by The U.S. House of Representatives Committee on Small Business.

Surety Industry Successful in Fighting False Claims Act Liability – SFAA Supports Effort with Amicus Brief

SFAA hails the Order entered by the United States District Court for the District of Columbia dismissing all claims against Hanover Insurance Company and Hudson Insurance Company under the Federal False Claims Act.

SFAA Strongly Supports Bill Requiring Change Order Payments to Small Construction Contractors

SFAA commends the Congressmen who introduced the Small Business Payment for Performance Act, which will require fair and ethical treatment of small construction contractors by federal agencies during the procurement process.

SFAA and NASBP Host Successful Virtual Joint Legislative “Fly-In”

June 1, 2022 (WASHINGTON, DC) – The Surety & Fidelity Association of America (SFAA) and the National Association of Surety Bond Producers (NASBP) hosted their second Virtual Joint Legislative Fly-In […]