Surplus Line Association of California News

People Moves: Surplus Line Association of California Promotes Trumbly, Adds Mayet

The Surplus Line Association of California, headquartered in San Ramon, California, promoted Barbara Trumbly to senior vice president and has hired Yusuf Mayet as the organization’s vice president for compliance. Trumbly, previously the SLA’s vice president for human resources, is …

California Surplus Lines Association Lowering Stamping Fee

The Surplus Line Association of California board voted to drop the association’s stamping fee to 0.18%. Effective Jan. 1, 2023, the stamping fee will adjust downward from its current 0.25% level that took effect on Jan. 1, 2020. The stamping …

People Moves: Surplus Line Association of California Names Beaver Board Chair, Gobler Vice Chair, Washington Secretary

The members of the Surplus Line Association of California elected Janet Beaver as chair of the SLA board. Eligible members of the SLA elected her via an electronic vote taken prior to the SLA’s virtual annual meeting on Feb. 8. …

California Surplus Lines Weathered Pandemic, Wildfires, Civil Unrest

In a year marred by a pandemic, massive Western U.S. wildfires, civil unrest, and a contentious election, California’s surplus lines market “didn’t miss a beat.” That was the message from Ben McKay, CEO and executive director of the Surplus Line …

A Dozen Items Slated to Be Considered for California Export List

More items are being proposed for the California Export List than in recent memory, including coverages for cyber, parametric products, earthquake, and COVID-19, according to a surplus lines expert. The California Department of Insurance gave official notice that the next …

Former California Surplus Line Chair Grant Was a ‘Determined Leader’

Donald W. Grant served as the chair of the board of directors for the Surplus Line Association of California, was involved in the wholesale brokerage community and founded a managing general agency. Grant died on May 24. Former SLA board …

Surplus Lines Association of California Makes Executives Staff Moves

The Surplus Line Association of California announced on Monday that Pat McAuley, who had served most recently as the senior vice president for the education and compliance department, officially retired on Feb. 28 after more than 25 years with the …

Surplus Line Association of California Elects 2020 Board

The members of the Surplus Line Association of California have elected Terri Moran of Paul Hanson Partners as chair of the SLA board of directors. Moran’s election became official at the SLA annual meetings on Feb. 4 and Feb. 6 …

Wildfires Likely to Boost California Surplus Lines Homeowners Share; FAIR Plan Expansion Questioned

Premium volume from homeowners polices written by California’s surplus lines industry, although still small, has doubled over the past four years, seemingly pushed by an increase in wildfires in the state. Some experts believe that the surplus lines share of …

Higher Than Usual Number of Items Could be Added at California Surplus Export List Hearing

Getting items on California’s surplus lines export list is no easy task. Just ask Ben McKay, executive director of the Surplus Line Association of California. McKay can recall only a few coverages that have been added in the last 10 …