bookmark_borderTreasury Department, Circular 570, Surety Companies Acceptable on Federal Bonds list updated

The U.S. Treasury Department has issued its annual update to Circular 570 for 2018. Treasury reports the following updates for this year?s publication:

July 3, 2018:

Ironshore Specialty Insurance Company (NAIC #25445) voluntarily relinquished its Treasury Certificate of Authority, which became effective June 30, 2018.

July 3, 2018:

Texas Pacific Indemnity Company (NAIC #20389) merged into its parent company, Pacific Indemnity Company, which was effective on September 30, 2017.

View list of Additions and

bookmark_borderSFAA Defeats Bond Waiver Bill in Rhode Island

SFAA Defeats Bond Waiver Bill in Rhode Island

SFAA and AIA defeated Rhode Island HB 7809/SB 2513, which would have granted the chief purchasing officer the discretion to waive the state bond requirements for projects up to $250,000. The bill also would have increased the state bond threshold for public works projects from $50,000 to $100,000.

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

bookmark_borderSFAA Newsletter posted – May/June 2018 Edition

The 2018 May/June Edition of the SFAA Newsletter has been posted.  Beginning this year, each Newsletter will be available to the public. In addition to our regular Association news, we will be providing original content for our members and supporters to share. In this issue, we have an in depth article on Occupational Licensing.

(for non-Members)

(for Members only)