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Surplus Lines Associates
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11.4.2009 California Increases Stamping Fee to .25% Effective February 1, 2010 , The Executive Committee and the Stamping Committee approved an increase in the stamping fee from .225% to .250%...... read more
10.21.2009 FSLSO amends Batch Reporting Format On December 15, 2009, a new format (v5.15) for batch filings will be required. You are not allowed to use prior versions. In conjunction with the new .slx format, we will be releasing version 5.15 of the.. read more
9.4.2009 New York Revises Export List The New York State Insurance Department has added coverages to its excess and surplus lines “export list”— coverages an excess lines broker can place with a non-admitted carrier without first getting three declinations from New York licensed carriers. In a hearing...... read more
6.8.2009 New Jersey Raises Surplus Lines Tax to 5% Amendments to N.J.S.A. 17:22-6.59 and 17:22-6.64 were enacted on June 29, 2009 which change the premium tax rate on surplus lines insurance from three percent to five percent. In addition, N.J.S.A. 17:22-6.59 was amended to provide that ... read more
6.8.2009 Florida Amends Professional Liability Reporting The bill changes the conditions under which a claim against professional liability insurance must be reported to the state. The bill also provides a statutory definition for when a claim exists and creates a new set of reporting criteria for ... read more
5.29.2009 Surplus Lines Multi State Premium Tax Survey In 2008, the Texas Comptroller's office developed a survey in order to determine the impact and cost of handling multi-state surplus lines taxation based on the "home state of the insured" or the "state of domicile of the agent." The survey was sent to all states with.......... read more

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