Publication Date
2022-08-23
effective date
2023-01-01
jurisdiction
map-marker New York
status infoicon
Pending
NY Reduces Stamping Fee
New York's request to reduce the stamping fee to 0.15% has been approved and will take effect on all excess lines policies that begin on or after January 1, 2023.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
info This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.