NY: ELANY Stamping Fee Increase to 0.17%

ELANY Bulletin 2026-20 increases the stamping fee to 0.17% for all excess line policies incepting on or after January 1, 2027, directly changing the cost and filing calculation that surplus-lines brokers and excess line insurers must perform on every New York excess-line transaction. The excess line tax remains 3.6%. Endorsement stamping fees follow the original policy’s inception-date tier, so brokers must maintain historical fee schedules (0.15% for 2023-2026, 0.17% for 2017-2022, etc.) and correctly tier endorsements. The January 1, 2027 effective date gives members roughly three months to update billing systems, honor outstanding binders/quotes, and adjust IT processes.