Category: Articles

Indiana Bill to Require Bonding in P3s Goes to Study

Indiana HB 1301, as introduced, contained the amendments that SFAA drafted to require the design and construction portion of P3s to be bonded in Indiana. Our bonding amendments were part of the Insurance Department’s bill, and would have required 100% bonds, just as the Indiana Little Miller Act requires for any other project. In the House Insurance Committee, the bill was amended to require 50% payment and performance bonds, and on second reading on the House floor, the bond amount was further reduced to 25% before it later passed the House. It was not possible to reach an agreement to move HB 1301 forward in the Senate. It is likely that the issue of bonding on P3 projects in Indiana will be sent to a summer study committee, which is where the issue was last summer.

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

SFAA Promotes the Value of License Bonds as Federal and State Governments Explore Occupational Licensing Reform

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

Meeting Materials for upcoming meetings have been posted for Members:

Upcoming:

• Government Affairs Advisory Committee (March 27, 2018)

Past:

• Diversity & Human Resources Advisory Committee (March 8, 2018)
• Contract Bonds Advisory Committee (January 29, 2018)
• Fidelity Claims Advisory Committee (January 24, 2018)
• Surety Claims Advisory Committee / Corporate Counsel Advisory Committee (January 24, 2018)
• Communications Advisory Committee (January 11, 2018)
• Board of Directors (December 7, 2017)
• Commercial Surety Advisory Committee (December 6, 2017)
• International Advisory Committee (December 6, 2017)
• Actuarial Advisory Committee (November 8, 2017)
• eBusiness Advisory Committee (October 4, 2017)
• Annual Meeting General Session (May 11, 2017)
• Congressional Action Day (May 10, 2017)
• Fidelity Advisory Committee (May 10, 2017)
• Young Professionals Group (May 9, 2017)
• Joint Fidelity Advisory Committee / Fidelity Claims Advisory Committee (November 9, 2016)
• Statistical Advisory Committee (September 21, 2016)

Members may register online for upcoming meetings or get more meeting details  at http://www.surety.org/events/event_list.asp. 

End of 2018 Legislative Session reports have been added for Oregon and updated for New Mexico for Members only.

Navigate to Government Relations / End of Legislative Session Reports

2018 Public Private Partnership (P3) State Legislation

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

The Weekly Legislation Report posted has been posted.  SFAA has replaced the monthly overview reports with the weekly legislative update on Surety & Fidelity legislation.  Reports are available for Members on the Weekly Legislative Reports page.

Members may sign up to receive email notifications by subscribing to the “Legislative-Regulatory Alert” group.

Case Summary Reports have been posted for Members, Subscribers, Claims Advisors and Case Summary Subscribers: 2003-2018 Surety and Fidelity Cases Indexed by State/Topic 2003-2018 Surety Cases Indexed by Topic 2003-2018 Fidelity Cases Indexed by Topic 2003-2018 Bail Cases by State

Members should navigate to the Claims page.
Subscribers should navigate to the Home / Subscriber Home Page.
Claims Advisors should navigate to the Home / Claims Advisors Home Page.
Case Summary Subscribers should navigate to Home / Case Summary Subscriber Home Page.