News from the Surplus Lines Industry and InsCipher
Update

California - New Premium Tax Processing System

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Shared by Compliance • December 19, 2024

The California Department of Insurance (CDI) has announced that they will be implementing a new Premium Tax Processing System (PTPS) portal for processing Insurance (Premium) Tax forms online. Instructions surrounding the new PTPS will be forthcoming closer to the release date of January 31, 2025.

Please review the CDI Notice for additional details. We will send out more information once it is available.