Surplus Lines Stamping Office of Texas (SLTX) News

SLTX: Texas’ E&S Premium Amount Reaches Record High in November

The Surplus Lines Stamping Office of Texas (SLTX) says it recorded $513.68 million in Texas excess and surplus lines insurance premium in November 2019. This total continues the year’s trend of each month in 2019 setting record highs for that …

Herrera Appointed Director of Operations at Texas Surplus Lines Stamping Office

The Surplus Lines Stamping Office of Texas (SLTX) has named Cheyenne Herrera director of Operations. Herrera originally joined SLTX in 1998 as a data entry clerk. She oversaw the implementation of the Electronic Filing System (EFS) beginning in 2003 and …

Fewer E&S Flood Insurance Policies in Texas Coastal Counties Post-Harvey

The organization that keeps track of excess and surplus policies sold in Texas says the number of E&S flood insurance policies in place in the state’s coastal counties declined after Hurricane Harvey hit in August 2017. In the months after …

Surplus Lines Insurance Bills Sent to Texas Governor

Two pieces of legislation impacting the surplus lines insurance industry in Texas have been passed by state lawmakers and are headed to the governor’s desk, the Surplus Lines Stamping Office of Texas (SLTX) reported. Both bills, HB 1306 and HB …

SLTX: Surplus Lines Insurance Bills Advancing in Texas

The Surplus Lines Stamping Office of Texas (SLTX) reported that several bills that would affect the surplus lines insurance industry in the state have advanced in the state Legislature. HB 1940, relating to the eligibility of surplus lines insurers to …

SLTX: Texas’ Excess, Surplus Insurance Premium Grew 11.4% Last Year

The Surplus Lines Stamping Office of Texas (SLTX) reported that the state recorded $6.08 billion in excess and surplus insurance premium for 2018, representing an 11.4 percent growth over 2017. Certain coverages have continued an upward trend of increased premium. …

Texas Surplus Lines Industry Sees Rule Changes at Year’s End

New rules for the Texas surplus lines insurance industry are coming into effect at the end of 2018 and beginning of 2019. According to the Surplus Lines Stamping Office of Texas (SLTX), one of the most pressing changes concerns the …

2018 Texas Surplus Lines Premium Numbers Surpass 2017 Total

At the end of November, the Surplus Lines Stamping Office of Texas (SLTX) had recorded $5.57 billion in Texas surplus lines premium, exceeding the $5.46 billion total reported for the full-year of 2017. This represents a 2.17 percent increase over …

Texas Surplus Lines Stamping Office Launching ‘SMART’ Online Filing System in 2019

The Surplus Lines Stamping Office of Texas (SLTX) plans to launch “SMART,” its new online filing system in 2019. SLTX unveiled the new online system in a video presentation at the Texas Surplus Lines Association 2018 Annual Meeting in Austin …

SLTX: Houston City Council to Buy $30M in Cyber Insurance Coverage

The Houston City Council voted unanimously to purchase $30 million in cyber insurance coverage at a total premium cost of $471,000. The policy provides first-party coverage for the city’s operations, third-party coverage for the city’s liability to others, and coverage …