UT | The Utah Insurance Department passed an amendment that raises the surplus line stamping fee to .18 of 1%. Effective January 1, 2018, this change will apply to all policies.
Late surplus lines stamping fee payments may be subject to late fees of 25% of the stamping fee due plus 1 ½% per month from the time of default until full payment of the fee.
A courtesy filing fee is not included as surplus lines premium for the purpose of computing taxes and stamping fees.
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