Colorado Updates Surplus Lines Premium Tax Rules: What Brokers Need to Know
CO| Revised Bulletin B-2.10 explains the Colorado Division of Insurances position on how surplus lines brokers and independently procuring insureds must report and pay non?admitted insurance premium tax, clarifying that all filings and payments for policies effective on or after January 1, 2025 must be made through the Florida Surplus Lines Service Offices SLIP+ for […]
New Colorado SLIP+ Rule: All Unreported Surplus Lines Policies & Endorsements Back to 1/1/22 Must Be Filed by April 1, 2026
CO| Effective April 1, 2026, all Colorado surplus lines policies, endorsements, audits, and cancellations with effective dates on or after January 1, 2022 that were not previously reported to the Colorado Division of Insurance must be filed through SLIP+ for States, and a 3% Colorado surplus lines tax will apply, though transactions effective between January […]
Idaho Issues 2026 Guidance on NAIC Accounting, Valuation, and Financial Analysis Standards
ID| Idaho Department of Insurance Bulletin 26-01 advises all authorized insurers which NAIC manuals and handbook versions must be used for 2026 filings and reserve calculations, clarifying that the Director has adopted the March 2026 NAIC Accounting Practices and Procedures Manual for 2026 quarterly and annual financial statements, the January 1, 2026 NAIC Valuation Manual […]
Michigan DIFS Raises Funeral Predeath Assignment Limit to $14,100 for 20262027
MI| Michigan DIFS Bulletin 2026-10-INS, supersedes Bulletin 2025-01-INS and announces that under section 2080 of the Michigan Insurance Code (MCL 500.2080), which permits predeath assignment of life insurance or annuity proceeds for cemetery or funeral goods and services subject to specified conditions, the annually CPI-adjusted maximum cemetery or funeral assignment amount is increased to $14,100 […]
Louisiana LDI Adopts SLIP+ as Exclusive Surplus Lines Reporting & Tax Platform Starting July 1, 2026
LA| Bulletin 2026-03, issued by the Louisiana Department of Insurance, announces they are adopting the FSLSO-operated SLIP+ for States system as the exclusive platform for reporting surplus lines policies and endorsements effective on or after July 1, 2026, and for remitting associated premium taxes and fees, while endorsements on policies effective before that date must […]
New York Announces Temporary Independent Adjuster Permits Update
NY| The New York Department of Financial Services (NY DFS) has emailed notification of an update for the Temporary Independent Permits (for Catastrophes) webpage. See links and copy of emailed message below:
Delaware DOI Proposes Surplus Lines Export List: Public Hearing Set for March 19, 2026
DE| The Delaware Insurance Commissioners Bulletin No. 23, dated March 3, 2026, notifies all authorized property, casualty, liability, marine and transportation insurers, surplus lines-eligible insurers, surplus lines brokers, and producers of a public hearing on March 19, 2026, to receive comments on a proposed Export List of insurance classes that could be placed directly with […]
Attention NC Homeowners Insurers: April 10 Deadline Set for 2025 CTR Data Submission
NC| North Carolina Bulletin 26-B-05 notifies all property and casualty insurers writing homeowners coverage in the state of the annual data reporting requirements under G.S. 58-36-30(b2) for residential real property with no more than four housing units. Insurers that have homeowners data to report must submit all homeowners policy data, including consent to rate information, […]
Attention North Carolina P&C Carriers: Submit Your Consent to Rate Data Using NCDOI Template by April 13
NC| North Carolina DOI Bulletin 26-B-06 advises all property and casualty insurers writing nonfleet private passenger physical damage and homeowners (HO-2, HO-3, HO-5, HE-7, HO-8) in the state of a semi-annual Consent to Rate data call for policies issued between July 1, 2025, and December 31, 2025, under G.S. 58-36-30(e). Only companies that actually issued […]
Delaware Reissues Bulletin 15: Insurers Reminded of Mandatory Fraud Reporting Duties
DE| The reissued Bulletin No. 15, from the Delaware Department of Insurance, reminds all domestic and foreign insurers of their mandatory duty under 18 Del.C. § 2408 to report suspected insurance fraud to the Departments Fraud Bureau using either the NAIC Online Fraud Reporting System or the NAIC Model Uniform Suspected Insurance Fraud Reporting Form […]