Notice of Proposed Stamping Fee Increase

Aug 7, 2015 | Archive News

The Board of Directors of the Surplus Lines Stamping Office of Texas approved a resolution in June 2015 requesting that the Commissioner of Insurance authorize an increase in the stamping fee rate up to 0.15% (0.0015) from its current rate of 0.06% (0.0006), as required under the Plan of Operation. The Plan of Operation can be referenced in 28 TAC §15.101.

As of this date, the formal request is before the Commissioner and under consideration. Commentary period will be through August 20, 2015.

The proposed effective date for the increase to 0.15% will be January 1, 2016.