FAQs

Filing FAQs:

Stamping Fee Change Effective July 1, 2011

The Board of Directors voted to reduce the stamping fee from 0.25% (.0025) to 0.10% (.0010) effective July 1, 2011.

All endorsements on policies which were effective prior to July 1, 2011 will retain the original 0.25% fee, regardless of when the endorsement is issued.

The new 0.10% stamping fee will apply to all policies having an effective date of July 1, 2011, as will endorsements on those policies. The effective date of the original policy determines the stamping fee on the endorsement.


Courtesy Filers

Following is a list of known courtesy filers in the State of Washington.  The Association is not affiliated with these filers and is not making recommendations or representations on the use of these filers.

This list is not representative of all brokers available for courtesy filings in Washington.  It represents known courtesy filers who provide this service.

A.I.M. Corporation
~John M. Plumb (Jack)
14205 SE 36th Street, Suite 100
Bellevue, WA  98006
Phone:  (425) 519-3623
Fax:  (425) 519-3624 

Island Financial Insurance Associates
~Gina M. Doyle
~Gary W. Galeotti
2815 East Main Avenue
Puyallup, WA  98372
Phone:  (253) 770-0283
Fax:  (253) 770-4248


Waiver of Financial Responsibility Requirements

When a filing comes in with a carrier that is not on our authorized carrier list or is an admitted carrier (which is not on our authorized carrier list), the commissioner may waive the financial requirements for placing the risk.  Accordiingly, we require the following information from the filing surplus line broker for review by the commissioner:

  1. A letter of explanation for the need to waive the financial requirements;
  2. Company's latest financials for the unauthorized carrier;
  3. A copy of the letter to the insured, signed by the insured, explaining the use of an unauthorized carrier in the placement of the irrespective coverage(s);
  4.  A copy of the stamped filed pink affidavit and copy of the policy declarations page.