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

Congratulations to NAPSLO President, Hank Haldeman, on his inclusion in the Insurance Business America “Hot 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

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. 

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.