News from the Surplus Lines Industry and InsCipher
Kindly take a moment to review the important notice below issued by the Colorado Division of Insurance regarding the distinction between filing in SLIP and the Colorado Surplus Lines Tax System. This notice provides critical information that will assist in ensuring compliance with state filing requirements.
The Colorado Division of Insurance will begin using the SLIP platform to collect non-admitted policy data and premium taxes for all policies and endorsements on policies effective on or after January 1, 2025. Do NOT file NEW or RENEWAL policies effective 01/01/2025 and beyond in the Colorado Surplus Lines Tax System. NEW and RENEWAL policies effective 01/01/2025 and beyond are to be filed in SLIP at https://www.slasclearinghouse.com.
Endorsements to policies effective BEFORE 01/01/2025 are to be filed in the Colorado Surplus Lines Tax System, even if the Endorsement is effective 01/01/2025 and beyond.
Please contact the SLAS team at info@slasclearinghouse.com or 877-267-9855 > Option 1 if you have any questions regarding the SLAS System. For questions regarding the Colorado Surplus Lines Tax System contact 303-894-2371 or DORA_ColoradoInsuranceSurplusLinesTax@state.co.us