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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%......

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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..

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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......

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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 ...

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 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 ...

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 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..........

 
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