2024 Midyear Statistics
The chart below represents Stamping Fee and Policy volume statistics for all U.S. Stamping offices for 2024 through Q2.
Source: Wholesale & Specialty Insurance Association (WSIA)
| State |
% of Change |
June 30, 2024 |
June 30, 2023 |
Rates |
| |
Premium |
Items |
Premium |
Items |
Premium |
Items |
Stamping Fee |
SL Tax |
| AZ |
8.3% |
11.6% |
$830,241,543 |
66,060 |
$766,814,027 |
59,220 |
.20% |
3.00% |
| CA |
7.0% |
14.9% |
$8,199,445,002 |
556,056 |
$7,666,170,769 |
483,996 |
0.18% |
3.00% |
| FL |
12.3% |
8.6% |
$9,722,426,013 |
1,004,371 |
$8,654,085,240 |
924,536 |
0.06% |
4.94% |
| ID |
54.3% |
10.9% |
$244,760,428 |
15,946 |
$158,654,657 |
14,382 |
0.50% |
1.50% |
| IL |
16.4% |
7.1% |
$2,102,879,256 |
96,384 |
$1,806,563,307 |
90,033 |
0.04% |
3.50% |
| MN |
42.1% |
12.4% |
$783,783,752 |
36,301 |
$551,705,916 |
32,289 |
0.04% |
3.00% |
| MS |
2.6% |
-0.8% |
$477,114,901 |
95,900 |
$465 196,802 |
95,170 |
0.25% |
4.00% |
| NC |
8.7% |
4.1% |
$1,057,497,085 |
118,233 |
$972,454,616 |
113,586 |
0.30% |
5.00% |
| NV |
-2.0% |
-1.5% |
$484,763,882 |
28,475 |
$494,737,360 |
28,918 |
0.04% |
3.50% |
| NY |
8.3% |
10.1% |
$4,300,431,850 |
222,303 |
$3,969,182,743 |
201,824 |
0.15% |
3.60% |
| OR |
4.4% |
3.4% |
$476,450,940 |
41,853 |
$456,273,564 |
40,492 |
$10.00 |
2.00% |
| PA |
-1.7% |
2.3% |
$1,256,798,243 |
63,243 |
$1,278,091,643 |
61,796 |
$20.00 |
3.00% |
| TX |
11.0% |
16.9% |
$8,000,473,134 |
673,510 |
$7,206,713,137 |
576,246 |
0.04% |
4.85% |
| UT |
0.0% |
2.9% |
$358,392,431 |
37,390 |
$358,487,422 |
36,319 |
0.18% |
4.25% |
| WA |
13.3% |
13.3% |
$1,219,583,415 |
94,704 |
$1,076,626,508 |
83,584 |
0.10% |
2.00% |
| TOTAL |
10.1% |
10.8% |
$39,515,041,875 |
3,150,729 |
$35,881,757,713 |
2,842,391 |
|
2023 - 2022 Annual Statistics
The chart below represents Stamping Fee and Policy volume statistics for all U.S. Stamping offices for end of year 2023.
Source: Wholesale & Specialty Insurance Association (WSIA)
| State |
% of Change |
2023 |
2022 |
Rates |
| |
Premium |
Items |
Premium |
Items |
Premium |
Items |
Stamping Fee |
SL Tax |
| AZ |
13.7% |
3.0% |
$1,538,431,503 |
120,298 |
$1,353,249,186 |
116,750 |
.20% |
3.00% |
| CA |
2.8% |
4.8% |
$16,671,229,759 |
999,092 |
$ 16,221,092,985 |
953,094 |
0.18% |
3.00% |
| FL |
27.84% |
1.2% |
$15,402,258,539 |
1,832,739 |
$12,049,438,140 |
1,810,162 |
0.06% |
4.94% |
| ID |
9.6% |
10.9% |
$3,990,178,481 |
183,470 |
$3,640,885,057 |
165,369 |
0.50% |
1.50% |
| IL |
9.6% |
10.9% |
$3,990,178,481 |
183,470 |
$3,640,885,057 |
165,369 |
0.04% |
3.50% |
| MN |
3.2% |
7.9% |
$1,242,919,509 |
64,728 |
$1,203,960,657 |
60,009 |
0.04% |
3.00% |
| MS |
15.4% |
-7.9% |
$949,380,223 |
207,274 |
$822,751,585 |
225,164 |
0.25% |
4.00% |
| NC |
17.8% |
3.7% |
$1,998,577,736 |
169,130 |
$1,696,855,120 |
163,129 |
0.30% |
5.00% |
| NV |
23.6% |
14.5% |
$970,649,957 |
38,323 |
$785,319,665 |
33,483 |
0.04% |
3.50% |
| NY |
5.2% |
8.6% |
$8,100,067,947 |
418,070 |
$7,702,358,434 |
384,986 |
0.15% |
3.60% |
| OR |
18.3% |
4.3% |
$1,025,151,351 |
84,572 |
$866,329,519 |
81,120 |
$10.00 |
2.30% |
| PA |
12.5% |
4.3% |
$2,763,808,058 |
125,319 |
$2,456,273,290 |
120,163 |
$20.00 |
3.00% |
| TX |
25.8% |
11.4% |
$14,575,904,672 |
1,252,290 |
$11,587,658,472 |
1,123,860 |
0.075% |
4.85% |
| UT |
18.1% |
-16.1% |
$842,025,003 |
69,342 |
$712,872,734 |
59,737 |
0.18% |
4.25% |
| WA |
11.6% |
10.6% |
$2,251,361,067 |
171,108 |
$2,017,077,482 |
154,664 |
0.10% |
2.00% |
| TOTAL |
14.6% |
5.2% |
$72,657,249,077 |
5,765,708 |
$63,391,461,290 |
5,479,783 |
|