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Minnesota Department of Revenue Sends Estimated Payment Reminders

MN| The Minnesota Department of Revenue has sent the following Estimated Payment Reminders: Partnership and S Corporation Estimated Payments Due June 16 A partnership or S corporation must make quarterly estimated tax payments if the sum of these estimated taxes, less any credits allowed against the tax, is $500 or more: Quarterly estimated payments are […]

California Updates Surplus Line Insurance Exemption Criteria with 22.7% Increase

CA| The Surplus Line Association of California (SLA) Bulletin #1506 addresses the 2025 adjustment of financial thresholds for the “commercial insured” exemption under California Insurance Code, (also which allows certain large commercial policyholders to bypass the diligent search requirement for surplus lines insurance. Effective January 1, 2025, the minimum qualifying amounts for net worth, annual […]

Mississippi Announces Addition of Approved Alien Non-Admitted Insurer

MS| Bulletin 25-13, issued by the Mississippi Surplus Lines Association, announces the addition of Alien Non-Admitted Insurer International General Insurance Company (UK) Ltd., to their list of approved unauthorized surplus lines insurers. Effective June 2, 2025. Click here to see MSLA Bulletin 25-13

Texas Invites Public Input on FAIR Plan Insurance Coverage for Harris County Associations

TX| The Texas Department of Insurance (TDI) has announced a public hearing to consider petitions from five property owners’ associations in Harris County near Clear Lake, requesting that certain areas be designated as underserved for Texas FAIR Plan Association property owners’ association insurance. The hearing will take place on June 6, 2025, at 9 a.m. […]