About SLAM
Welcome to the Surplus Lines Association of Minnesota (SLAM).
The Surplus Lines Association is a non-profit association of surplus
lines insurance brokers created by the legislature during the 2008
session in order to create a "stamping office" for insurance placed
with companies that are not licensed in Minnesota.
Surplus lines insurance contracts deal almost exclusively with business customers and are
used to place insurance with companies that are not licensed in Minnesota.
Surplus lines insurance brokers are licensed and regulated
by the Department of Commerce.
In Minnesota, all premium bearing surplus line placements will be filed with the association.
The association will notify surplus line brokers of any filings
that are determined to be incomplete or inaccurate and will request that the
broker file a correction.
The Surplus Lines Association of Minnesota will inform its members of proper
surplus lines procedures, cooperate with the Minnesota Department of Commerce
in providing effective regulation and will act as a liaison between the Minnesota
Departments of Commerce and Revenue and the surplus line brokerage community. The association
is funded by a processing fee, called a "stamping fee."