LA| Beginning July 1, 2026, all Louisiana surplus lines policies and endorsements with effective dates on or after that date must be reported and paid through the new SLIP+ for States online platform, which will also assess a new 0.175% transaction fee on taxable premium and fees to fund the system and provide LDI with greater visibility into the surplus lines market.
Key Points:
- Brokers should proactively prepare client-facing explanations that this fee is a state-required processing charge tied to Louisiana’s modernized surplus lines reporting and clearinghouse system—not an agency or carrier surcharge—and that similar systems exist in other states.
- Brokers must register with SLIP+ and transition reporting and tax/fee payments for all surplus lines policies and endorsements with effective dates on or after July 1, 2026 to the new system; older-policy endorsements remain on the current LDI procedures and are not subject to the SLIP+ fee.
- A mandatory 0.175% SLIP+ transaction fee applies to all taxable premium and fees (including policy and inspection fees) on Louisiana surplus lines policies effective July 1, 2026 and later, and appears as a separate line item alongside existing surplus lines taxes.