110 HCON 343 IH: Congratulating the Surety and Fidelity U.S. House of Representatives 2008-05-07 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

IV 110th CONGRESS 2d Session H. CON. RES. 343 IN THE HOUSE OF REPRESENTATIVES May 7, 2008 Mr. Gary G. Miller of California submitted the following concurrent resolution; which was referred to the Committee on Financial Services CONCURRENT RESOLUTION Congratulating the Surety and Fidelity Association of America on its 100th anniversary.

Whereas the Surety and Fidelity Association of America (SFAA) was formed in 1908 as the Surety Association of America, and is the association of insurance companies that write the vast majority of surety and fidelity bonds in the United States; Whereas surety and fidelity bonds facilitate commerce, assist in economic development, and protect consumers, taxpayers, and businesses; Whereas the SFAA has provided assistance to its members in the development of rules, procedures, risk classifications, and loss costs for surety and fidelity bonds; Whereas the SFAA has provided valuable services to the State insurance regulators in acting as a statistical agent and advisory organization for the States; Whereas the SFAA has provided valuable services to Federal and State legislatures in providing information and testimony of surety and fidelity issues; Whereas the SFAA has an active development and diversity function and has implemented its Model Contractor Development Program wherever needed to assist small and emerging contractors in obtaining bonding; Whereas the SFAA continues to develop and change to meet new issues in the industry; and Whereas the SFAA has provided outstanding service to the surety and fidelity industry and taken a leadership role in addressing and coordinating industry issues: Now, therefore, be it

That Congress congratulates the Surety and Fidelity Association of America on its 100th anniversary.