Wednesday, February 17, 2010

Registration for Mid-Year On-Site Only

Registration for the 2010 NAPSLO Mid-Year Leadership Forum is now closed and people interested in attending must register on-site at the Fairmont Scottsdale beginning March 3 at 10:00 a.m.

Housing is also now closed, and there are no longer any sleeping rooms remaining in the NAPSLO meeting room block at the Fairmont Scottsdale. Please call the reservation department of Fairmont Scottsdale at (480) 585-4848 for possible availability. The Fairmont may be sold out for your desired length of stay.

The nearest hotel to the Fairmont with possible availability is the Xona Resort Scottsdale. Please visit their website at or call (480) 585-1234 for more information. The Xona Resort is located across the parking lot from the Fairmont Scottsdale.

The Mid-Year runs March 3-6 and more than 525 people have registered for the meeting. A registration list is available to download from the NAPSLO website.

Thursday, February 11, 2010

NAPSLO to take part in Surplus Lines Producer Compensation Webinar

NAPSLO Government Relations Director Steve Stephan and Michael Byrne, Partner of Dewey and LeBoeuf will take part in a National Underwriter webinar, Surplus Lines Producer Compensation Update, on Wednesday, February 24. The webinar, set for 2:00 p.m. - 3:00 p.m. (Eastern) will focus on:

• Investigation history
• Regulatory response to investigations
• Industry response to investigations
• Commissions vs. fees
• The future

Space is limited for the webinar and you can register online at the National Underwriter site. The cost is $29.95; for Group Pricing call, (800) 543-0874. After registering you will receive a confirmation email containing information about joining the webinar.

System Requirements for the webinar are Windows 2000, XP Home, XP Pro, 2003 Server, Vista or Mac OS X 10.3.9 (Panther) or newer.

Tuesday, February 09, 2010

Les Ross Elected Chairman of Calif. Surplus Line Association

Members of the Surplus Line Association of California (SLA) elected Les Ross as their Chairman during its 2010 Annual Meeting held January 26, in San Francisco and January 28, in Beverly Hills.

Les Ross is Executive Vice President of Crump Insurance Services Inc., in San Francisco, California. Elected Vice Chairman was Patrick Hanley, President of Socius Insurance Services, Inc. Elected Secretary-Treasurer was Davis Moore, President of Worldwide Facilities, Inc.

In addition, 10 Executive Committee members were elected as follows: John Edack (immediate past chairman) of Arch Specialty Insurance Agency, Inc., Dean Adrighetto of Westchester Specialty Insurance Services, Pamela Quilici of Crouse & Associates, Frank Cravens of M.J. Hall & Company, Inc., Doris Barnett of Colemont Insurance Brokers, Anne McNally of Wells Fargo Insurance Services, Gerald J. Sullivan of Gerald J. Sullivan & Associates, Inc., Chris Brown of Brown & Riding Insurance Brokers, Phil Mazur of Swett & Crawford, and Ian Fitt of Western Re/Managers Insurance Services, Inc.

The Members also voted to approve the appointment of former Insurance Commissioner Justice Harry Low (Ret.) for a one year term as SLA Mediator.

The SLA is an organization of 4,350 California Surplus Line Broker licensees and serves as the official surplus line advisory organization to the California Department of Insurance.

Tuesday, February 02, 2010

Rhode Island Issues Reminder on Broker Reports

The Department of Business Regulation, Insurance Division for the state of Rhode Island has issued a reminder to surplus lines brokers regarding the reports that are required to be submitted by Surplus Line Broker licensees in Rhode Island.

Lead Liability Coverage Reports are due annually on February 1. Surplus Line Brokers shall file on an individual licensee basis utilizing the respective form provided in Exhibit B. Surplus line brokers with no reportable business are required to submit a "zero" report to the Department. The reports shall be sent to the attention of Candace Casala, Senior Insurance Rate Analyst who may be reached at 401-462-9607. The reports may be e-mailed to Ms. Casala at or via regular mail at the address noted above.

Surplus Line Broker Annual Reports Due April 1. Every licensed surplus line broker are to report the total number of policies and premium issued in the preceding calendar year utilizing the form provided in Regulation 11, Exhibit C. Please insert licensee name and number to the form when submitting the report. Surplus line brokers with no reportable business are required to submit a "zero" report to the Department. Submit reports to the attention of Teresa P. DeLuca, Licensing Aide who may be reached at 401-462-9610. The reports may be e-mailed to Ms. DeLuca at or via regular mail at the address noted above.

Affidavit by broker forms are NO longer required to be filed with the Department. The surplus line broker is required to maintain the completed affidavit in his/her office. Please see Insurance Bulletin # 2008-8 for additional information.

For questions on surplus line broker licensing and renewals, please contact Lee-Ann Desilets at 401-462-9611 or For questions on insurers placed on our approved list of surplus line insurers please contact Matthew DiMaio at 401-462-9612 or For questions on reporting and payment of surplus line taxes (T-71), please contact the RI Division of Taxation at 401-574-8935 or