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The Surplus Lines Insurance Cycle

Surplus lines insurance is a special type of insurance that covers unique risks. It fills a gap in the standard market by covering things that most companies can’t or won’t insure. Although it’s best to buy insurance from a company that TDI licenses, you...

Texas Surplus Lines Hits Premium of $629.53M in October

SLTX has recorded $629.53M in Texas surplus lines premium during the month of October. The premium recorded year to date through October represents a 13.8% increase over the same period in 2019. Additionally, through October, each month’s recorded premium...

Texas Records $5.99B in E&S Premium Through 2020 Q3

SLTX recorded $5.99 billion in excess and surplus lines (E&S) premium in Texas through the third quarter of 2020. This is a 12.0% increase over premium recorded during the same period in 2019. Premium reported so far this year continues a trend of each...

SLTX Welcomes New Counsel

The Surplus Lines Stamping Office of Texas (SLTX) announces new engagement with law firm Mitchell, Williams, Selig, Gates & Woodyard, PLLC for legal services. The engagement with the firm begins November 1, 2020. SLTX’s board of directors reviewed and...

Board of Directors Meeting Summary

On October 27, 2020, the Surplus Lines Stamping Office of Texas held their Audit & Finance Committee meeting pursuance to code 2(c)(10) of SLTX’s Plan of Operation. The committee discussed agenda topics including an SOW for training SLTX Developers, an...

You Have Questions, We Got Answers: Stamping Fee Edition

Recently, TDI Commissioner Kent Sullivan signed an Order decreasing the stamping fee from the current rate of 0.15% of gross premium to 0.075%. The fee reduction correlates with the recommendation submitted by the SLTX Board on June 25, 2020. The fee...

Texas Surplus Lines Hits Premium of $717.76M in August

SLTX has recorded $717.76M in Texas surplus lines premium during the month of August. The premium recorded year to date through August represents an 11.1% increase over the same period in 2019. Additionally, through August, each month’s recorded premium...

Board of Directors Meeting Summary

On September 16, 2020, the Surplus Lines Stamping Office of Texas held their annual third quarter Audit & Finance Committee meeting pursuance to code 2(c)(10) of SLTX’s Plan of Operation. The committee discussed agenda topics including SLTX’s financial...

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