tag:blogger.com,1999:blog-13031441.post-31826494984964729562008-03-17T09:02:00.000-07:002008-07-09T07:12:14.055-07:00Stamping Offices Report Mixed Results in 2007Surplus lines stamping office reported a wide fluctuation in business in 2007 with an overall slight increase in premiums but a drop in number of items, according to the 2006/2007 Comparative Statistics report issued by the stamping offices, which is available to <a href="http://www.napslo.org/PDF/Legreg/stampoffice07.pdf">download</a>.<br /><br />Overall premiums increased by 0.6% from $22.998 million to $23.143 million among the 14 stamping offices, however the number of items dropped 1.5% from 3,485,473 to 3,431,84.<br /><br />States recording double digit percent increases in premiums were Illinois, Idaho, Mississippi and Montana, while Oregon (-22%) and Pennsylvania (-15.2%) noted premiums decreased by double digit amounts.<br /><br />Premium changes in states with more than one billion in premiums were: California (-2.7%); Florida (4.1%); Illinois (18.7%); New York (1.0%); and Texas (4.4%).<br /><br />On the items side, the largest change was reported by Montana which noted a 74.2% increase, rising from 9,334 items to 16,261. Illinois noted a 6% increase and noted that electronic filing began May 1, 2007.Jenniferhttp://www.blogger.com/profile/16225250090510865092noreply@blogger.com