Position Papers

Regulation of the Surplus Lines Industry after Gramm Leach Bliley - “The Future Is Now”
A report by a special NAPSLO Committee examining the issue of surplus lines premium tax remittance and the problems related to the allocation and payment of such taxes.  Two of the key regulatory issues facing the surplus line industry, multi-state compliance and premium tax allocation in a remittance, could be solved by developing a system of one-state filing for nonadmitted business and adopting an interstate compact. Printed February 2006. The Future is Now

Principles And Guidelines For A Consistent Approach To Taxation 
A report by the NAPSLO Special Committee on Surplus Lines Premium Taxation outlining principles and guidelines which if implemented would diminish existing compliance dilemmas and represent a positive approach to surplus lines tax remittance. Printed September 2000.

The Excess and Surplus Lines Stamping Office: Contributing to a Stable, Efficient and Financially Strong Non-Admitted Marketplace 
A joint paper published by the National Association of Professional Surplus Lines Offices, Ltd. (NAPSLO) and the American Association of Managing General Agents (AAMGA), which supports the establishment and operation of state stamping offices to create a stable, efficient and financially strong non-admitted marketplace. Printed April 2000.

Surplus Lines and Residual Markets: Maintaining the Public's Right to Freedom of Choice
A joint paper published by the National Association of Professional Surplus Lines, Ltd. (NAPSLO) and the American Association of Managing General Agents (AAMGA) urging the surplus line market to be allowed to operate on an equal basis with residual markets and allow consumers the choice between two markets when the admitted market is unable to write the coverage. Printed December 2000