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
Michigan Updates List of Municipalities Participating in the Fire Insurance Withholding Program
MI| This List of Michigan Municipalities Participating in the Fire Insurance Withholding Program specifies the section of the program under which each municipality is participating, and replaces any previous editions. Because the information contained on the list changes, it is important to always use the most current edition. Insurers must have at least 30 days’ […]
South Carolina Department of Insurance Announces June 2025 Data Calls for Paid Family Leave and Liability Insurers
SC| The South Carolina Department of Insurance has issued an advance notice to all licensed insurers regarding two upcoming data calls in June 2025, with responses due by August 2025. The first data call concerns Paid Family Leave Insurance, requiring insurers offering such products to report detailed information to support a statutory report on availability […]
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. […]
The Surplus Lines Automation Suite (SLAS) Sent Email Notice on Preparing for Payment Processing for Colorado Through SLIP
CO| SLAS has issued an update on the SLIP payment submission availability for Colorado:
Confidential Health Insurance Data Collection Underway in Illinois to Inform Policy Initiatives
IL| The Illinois Department of Insurance has issued Company Bulletin 2025-08, requiring all companies with current or historical individual health insurance business in Illinois to submit specific EDGE server data files for the 2024 benefit year by June 13, 2025. This annual data collection supports assessment of the private health insurance market and informs ongoing […]
Illinois Department of Insurance Sets 2.75% Exchange Fee for State-Based Marketplace Plans
IL| The Illinois Department of Insurance issued an addendum (Company Bulletin 2025-09) to clarify guidance for accident and health insurance and managed care plan filings for Plan Year 2026, acknowledging that some regulatory items, including MOOP (Maximum Out-of-Pocket) amounts, remain unfinalized and may require later adjustments. Insurers are instructed to: Click here to read IL […]
Two New Foreign Insurers Join ELANY’s Approved Excess & Surplus Market
NY| The Excess Line Association of New York (ELANY) has announced updates to its list of eligible Excess & Surplus (E&S) insurers as of May 29, 2025. Two new foreign insurers have been added to ELANY’s list, which means excess line brokers are relieved from certain recordkeeping requirements when placing business with these companies, as […]