2023 Midyear Statistics
The chart below represents Stamping Fee and Policy volume statistics for all U.S. Stamping offices for 2023 through Q2.
Source: Wholesale & Specialty Insurance Association (WSIA)
| State |
% of Change |
June 30, 2023 |
June 30, 2022 |
Rates |
| |
Premium |
Items |
Premium |
Items |
Premium |
Items |
Stamping Fee |
SL Tax |
| AZ |
8.5% |
0.4% |
$766,814,027 |
59,220 |
$707,020,329 |
59,004 |
.20% |
3.00% |
| CA |
-2.3% |
2.3% |
$7,826,186,851 |
468,601 |
$8,007,654,066 |
457,893 |
0.18% |
3.00% |
| FL |
34.7% |
1.9% |
$8,654,085,240 |
937,669 |
$6,422,947,151 |
920,078 |
0.06% |
4.94% |
| ID |
41.3% |
9.6% |
$158,654,657 |
14,382 |
$112,300,197 |
13,119 |
0.50% |
1.50% |
| IL |
10.6% |
13.3% |
$1,806,563,307 |
90,033 |
$1,633,539,372 |
79,431 |
0.04% |
3.50% |
| MN |
-6.3% |
11.5% |
$552,293,803 |
32,341 |
$589,461,662 |
29,012 |
0.04% |
3.00% |
| MS |
11.9% |
-16.7% |
$468,485,054 |
96,814 |
$418,667,700 |
116,262 |
0.25% |
4.00% |
| NC |
19.7% |
-2.8% |
$972,454,626 |
114,026 |
$812,304,420 |
117,346 |
0.30% |
5.00% |
| NV |
43.7% |
19.3% |
$494,737,360 |
28,794 |
$344,280,507 |
24,136 |
0.04% |
3.50% |
| NY |
3.7% |
7.3% |
$3,872,593,243 |
201,824 |
$3,732,738,552 |
188,161 |
0.15% |
3.60% |
| OR |
25.1% |
5.3% |
$456,316,464 |
40,734 |
$364,870,329 |
38,691 |
$10.00 |
2.30% |
| PA |
24.6% |
6.3% |
$1,285,676,903 |
135,059 |
$1,031,786,043 |
127,037 |
$20.00 |
3.00% |
| TX |
28.5% |
0.2% |
$7,206,713,137 |
543,739 |
$5,608,798,741 |
533,109 |
0.075% |
4.85% |
| UT |
18.7% |
-22.7% |
$358,318,520 |
36,341 |
$301,949,818 |
29,623 |
0.18% |
4.25% |
| WA |
16.6% |
8.2% |
$1,077,596,088 |
83,394 |
$924,294,422 |
77,096 |
0.10% |
2.00% |
| TOTAL |
15.9% |
2.6% |
$35,957,489,280 |
2,882,971 |
$31,012,613,309 |
2,809,998 |
|
2022 - 2021 Annual Statistics
The chart below represents Stamping Fee and Policy volume statistics for all U.S. Stamping offices for end of year 2022.
Source: Wholesale & Specialty Insurance Association (WSIA)
| State |
% of Change |
2022 |
2021 |
Rates |
| |
Premium |
Items |
Premium |
Items |
Premium |
Items |
Stamping Fee |
SL Tax |
| AZ |
28.98% |
14.22% |
$1,353,249,186 |
116,750 |
$1,049,173,399 |
102,213 |
.20% |
3.00% |
| CA |
22.18% |
9.83% |
$16,125,720,286 |
912,395 |
$13,198,659,432 |
830,700 |
0.25% |
3.00% |
| FL |
26.54% |
8.27% |
$12,049,438,140 |
1,821,580 |
$9,522,287,983 |
1,682,395 |
0.06% |
4.94% |
| ID |
6.09% |
5.95% |
$275,338,965 |
28,093 |
$259,543,347 |
26,515 |
0.50% |
1.50% |
| IL |
23.23% |
2.70% |
$3,640,885,057 |
165,369 |
$2,954,549,226 |
161,014 |
0.075% |
3.50% |
| MN |
38.39% |
9.83% |
$1,211,632,390 |
60,142 |
$875,515,950 |
54,761 |
0.04% |
3.00% |
| MS |
24.00% |
7.69% |
$822,751,585 |
225,506 |
$663,507,007 |
209,411 |
0.25% |
4.00% |
| NC |
24.85% |
12.86% |
$1,696,855,120 |
230,379 |
$1,359,142,801 |
204,135 |
0.40% |
5.00% |
| NV |
41.79% |
14.43% |
$785,319,666 |
50,418 |
$553,870,779 |
44,059 |
0.04% |
3.50% |
| NY |
21.19% |
8.33% |
$7,702,358,434 |
384,986 |
$6,355,638,051 |
355,368 |
0.17% |
3.60% |
| OR |
15.46% |
6.09% |
$866,531,466 |
81,502 |
$750,490,120 |
76,826 |
$10.00 |
2.30% |
| PA |
15.36% |
7.35% |
$2,469,579,960 |
255,504 |
$2,140,806,318 |
238,013 |
$20.00 |
3.00% |
| TX |
27.32% |
0.83% |
$11,587,658,472 |
1,068,709 |
$9,101,554,699 |
1,059,939 |
0.075% |
4.85% |
| UT |
20.63% |
-3.72% |
$712,743,700 |
59,557 |
$590,847,738 |
61,861 |
0.18% |
4.25% |
| WA |
23.87% |
4.37% |
$2,017,077,482 |
154,369 |
$1,628,400,276 |
147,905 |
0.10% |
2.00% |
| TOTAL |
24.14% |
6.85% |
$63,317,139,909 |
5,615,259 |
$51,003,987,126 |
5,255,115 |
|