The Surplus Lines Stamping Office of Texas (SLTX) is reminding wholesale agents and brokers that the stamping fee for recording surplus lines insurance policies in Texas will be lower beginning on Jan. 1, 2021.
The stamping fee will drop from the current rate of 0.15% of gross premium to 0.075%.
Please keep in mind the Stamping Fee will decrease from the current rate of 0.15% of gross premium to 0.075%. The fee decrease will apply to policies effective on/after Jan.1. The new rate will also apply to policy date extensions if effective on or after this date.
Source: SLTX
Topics Trends Texas Excess Surplus
Was this article valuable?
Here are more articles you may enjoy.
NAIC Victim of Cyber Incident Via PeopleSoft System 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
A Super Yacht Armada Came to Miami, Leaving a Marine Graveyard in Its Wake 
