eNews

Board of Directors Meeting Summary

On March 30, 2023, the Surplus Lines Stamping Office of Texas held their Finance & Audit Committee meeting pursuance to code 2(c)(10) of SLTX’s Plan of Operation. The committee discussed agenda topics including approval of the previous meeting minutes,...

SLTX Recognizes Agencies for No Late Filings in 2022

2022 was a successful year for the non-admitted marketplace as 705,384 policies and 1,068,709 total transactions were reported to SLTX by 998 agents! Of agencies filing 10K and above filings, 8 held no late filings (demonstrated below alphabetically) : B...

Esequiel Nathal Appointed to SLTX Board of Directors

Esequiel Nathal has been appointed to the SLTX Board of Directors as a non-public member with a term ending December 31, 2025. Mr. Nathal is a multi-cultural risk and insurance professional based in Dallas, TX. As a Senior Advisor at Compass Risk Services,...

Jason P. Cables Appointed to SLTX Board of Directors

Jason P. Cables has been named to the SLTX Board of Directors as a non-public member with a term ending December 31, 2025. Based in Houston, Texas, Cables is Managing Director at Ankura. He is responsible for managing client engagements related to the...

February 2023 Filings Reach $780.5M

SLTX recorded $780.52M in February. This represents a 44.7% increase over February 2022, and 51.3% increase year-to-date. 57.5% of premium reported (34.2% of items) is attributable to renewal policies, 35.9% (29.9% of items) to new business, and 6.5%...

January 2023 Filings Exceed $1.08B

SLTX recorded $1.08B in January which represents a 56.5% increase over January 2022. 57.2% of premium reported (36.4% of items) attributes to renewal policies, 37.3% (29% of items) to new business, and 5.5% (34.6% of items) is concluded from non-policy...

February 15, 2023 Deadline for Late-Filed Policy Corrections

SLTX will accept corrections or adjustment forms for late-filed policies included on November or December 2022 monthly late filers reports until Wednesday, February 15, 2023. After this date, no additional modifications can be made to the annual late...

December 2022 Filings Exceed $992M

SLTX recorded $992M in December, promoting the full year total to $11.6B. This represents a 19.6% increase over December 2021, and 27.3% increase over 2021.   55.5% of premium reported (32.3% of items) attributes to renewal policies, 36.6% (29.2% of items)...

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