News from the Surplus Lines Industry and InsCipher
The California Department of Insurance has issued an important Notice regarding the new Premium Tax Processing System (PTPS). This application applies to the 2024 Annual Tax Return and future tax years.
To file, you will need to establish a login by clicking on the unique link sent to you by premiumtaxfiling@insurance.ca.gov. This link will be sent to the email address you provided on your 2023 tax report.
If you did not receive a link, please reach out to premiumtaxfiling@insurance.ca.gov. If you have any further questions, please feel free to reach out to the CDI team as outlined in their bulletin.