Tuesday, January 20, 2015

Haldeman and other NAPSLO members featured on latest "Hot 100" list

Congratulations to NAPSLO President, Hank Haldeman, on his inclusion in the Insurance Business AmericaHot 100” list. The list is comprised of 100 of the industry’s top influencers. Haldeman is also featured as an Industry Icon in the January issue of Insurance Business America. Check out the full story here to learn more about how he came to the E&S industry, where he sees it going and why he loves his work.

In addition to Haldeman, these NAPSLO members are also included in the Hot 100 List. We’re pleased to work with so many great professionals every day. Congratulations!

Curtis Anderson, RPS
Inga Beale, Lloyd’s of London
Bevin Beatovic, Outsource Insurance Professionals
Alain Bellet, Capstone Underwriters
Joseph Boren, Ironshore Insurance
Cason Burdett, U.S. Risk
Denis Brady, Burns & Wilcox Brokerage
Sue Brennan, Countrywide Brokerage
Jeff Cruey, Great American Insurance Group
Robert Darling, Atlantic Specialty Lines
Sharon Emek, Work at Home Vintage Employers
Dan Epstein, ReSource Pro
Troy Fornof, USG Insurance/USG Holding Group
Stan Galanski, The Navigators
Michael Gramm, XL Group
Hank Haldeman, The Sullivan Group
Tim Horton, USG Insurance Services
Matthew Hulburt, Burns & Wilcox
Liam Hutelmyer, AmWINS Transportation Underwriters
Merwyn Larson, Erickson-Larsen, Inc.
Tom Lott, AmWINS
David Lupica, ACE Group
Matt Lynch, RPS
Tim McAuliffe – Ironshore Insurance
David McElroy, Arch Insurance
Andrew McMellin, Catlin
Jonathan Michael, RLI
Dimitri Nikouline, Appulate, Inc
Michael Palotay, NAS Insurance Services
Milorad Piper, Swiss Re
Tom Pntarelli, CNA
Bill Pritchard, Beacon Hill Associates
Lori Rafkin, Berkshire Hathaway Specialty
Stephen Riemer, Regency Insurance Brokerage
James Roe, Arlington/Roe
Robert Sanders, Preferred Specialty
Michele Sansone, XL Group
Richard Schmitzer, James River Insurance Company
Doreen Spadorcia, Travelers Companies
Kevin Strong, XL Group

Friday, September 05, 2014

Illinois announces increase in stamping fee

On Wednesday, the Surplus Line Association of Illinois announced the stamping fee will increase from .1% to .2% for all policies effective January 1, 2015 and thereafter. If an endorsement is issued after January 1, 2015, the stamping fee should be calculated at the rate in effect at the inception of the policy. Therefore, for endorsements on policies issued prior to January 1, 2015, the stamping fee should be calculated at .1% but endorsements on policies issued on or after January 1, 2015, the fee should be calculated at .2%.

For additional information or questions, contact the Surplus Line Association of Illinois

Friday, August 29, 2014

Insurance Journal issues review of surplus lines tax sharing

A recent Insurance Journal article discusses the continued differences between the few states that participate in tax sharing as part of the Non-Admitted Insurance Multi-State Agreement (NIMA) versus the majority of states that retain 100% of the surplus lines taxes collected as the home state. NAPSLO’s recent analysis illustrating the insignificant financial impact, especially when compared to the burden and increased costs incurred by brokers and consumers, was highlighted in the article. NAPSLO remains hopeful that additional data from NIMA states will be made available for further analysis, but remains confident additional data will support our initial findings. 

NAPSLO continues to believe that the only viable and uniform national solution for surplus lines premium taxation is the home state approach and that all states should tax 100% of the surplus lines premium on a policy at their home state rate and retain 100% of the taxes they collect.