Surplus Lines Stamping Office of Texas
Surplus Lines Stamping Office of Texas
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About this organization
Mission
Created by the Texas Legislature in 1987 to assist the Texas Department of Insurance (TDI) in regulating the surplus lines industry. Accomplished by providing educational services, agent assistance, policy review and reporting statistical data to the TDI.
About
The surplus lines stamping office of Texas (SLTX) evaluated and entered all reported Texas surplus lines policies during the year. The SLTX evaluated all surplus lines insurers for eligibility to operate in Texas and made recommendations to the Texas Department of Insurance (TDI). The SLTX conducted live and web-based education seminars. These were available to any interested party on a continuous basis. Content is updated on a regular basis. The SLTX provided market statistics to the TDI, Texas Comptroller of Public Accounts, the Texas Windstorm Insurance Association and trade publications. The SLTX maintains a website containing a vast amount of statistical data, pertinent laws and regulations and other resource information. The SLTX published a monthly bulletin and a quarterly newsletter.
Interesting data from their 2020 990 filing
The purpose of the non-profit is outlined in the filing as “Created by the texas legislature in 1987 to assist the texas department of insurance (tdi) in regulating the surplus lines industry. accomplished by providing educational services, agent assistance, policy review and reporting statistical data to the tdi.”.
When discussing its operations, they were defined as: “Created by the texas legislature in 1987 to assist the texas department of insurance (tdi) in regulating the surplus lines industry. accomplished by providing educational services, agent assistance, policy review and reporting statistical data to the tdi.”.
- The state where the non-profit operates has been legally reported as TX.
- The filing indicates that the non-profit's address in 2020 is located at 805 LAS CIMAS PKWY NO 300, AUSTIN, TX, 787466179.
- The non-profit has reported 21 employees on their form as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $5,427,758.
- The organization has 9 independent voting members.
- The organization was formed in 1987.
- The organization pays $1,863,300 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.