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.
What 124 Future Business Leaders Really Think About AI and Work 
New Jersey Busts Alleged $8 Million Auto Theft Operation Involving 63 People 
NYC to Publicly Identify Buildings Testing Positive for Legionnaires’ Bacteria 
CFC Names Former Direct Line Exec Winslow as Group CEO, Succeeding O’Shea 
