Effective July 8, 2024, Pennsylvania has amended the Surplus Lines broker fees for personal lines. This bill also discusses inspection fees. See the attachment for more information. 

Updated: On September 18, 2024, Pennsylvania changed the information required on the monthly report to the Department to include service fees charged. 

“Each report shall include the amount of the service fees charged for each surplus lines insurance policy issued.” Please see the attachment for more information.

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.