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.

Please be advised that the Oklahoma Insurance Department has recently updated their Surplus Lines Broker Frequently Asked Questions page. InsCipher is actively working to ensure that any applicable changes will be reflected in the tax calculator.

The Florida Surplus Lines Service Office has released an announcement that, effective December 31, 2024, the legacy SLIP platform will be permanently taken offline. All users will be required to use SLIP+ moving forward. For any questions or assistance, please contact agent.services@fslso.com or call 800.562.4496, Option 1.

Should you have any questions, please let us know.

The SLAS has issued the following notice regarding Oklahoma Premium Tax Filings SLIP vs. OPTins.

All policies and endorsements on policies effective on or after January 1, 2024, should be reported to the Oklahoma Insurance Department using SLIP. On the first business day of each calendar quarter, all policies and endorsements reported in SLIP during the prior quarter will be totaled, and Oklahoma tax and SLAS transaction fee invoices will be delivered to the SLIP inbox. Please visit the Invoices and Payments page for the quarterly reporting and payment schedule.

Oklahoma agents can apply a premium tax credit in OPTins to an outstanding premium tax invoice in SLIP if the credit balance in OPTins exceeds taxes owed in SLIP. If the tax credit in OPTins does not exceed the tax amount due in SLIP, the premium taxes must be paid in full in SLIP and the Oklahoma Insurance Department will issue a full refund on credits submitted in OPTins. Tax credits cannot be carried forward with OPTins filings.

Please note that premium tax credits cannot be applied to the SLAS transaction fee. Transaction fees must be paid in full in SLIP via ACH or by check. For more information, please visit the Oklahoma Insurance Department Frequently Asked Questions.

The Colorado Division of Insurance and the SLAS have provided the following useful information in regards to the SLIP implementation for 2025.

CO DOI Notice which is located on their website:

Dear Surplus Lines Insurance Producers:

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. The Division is working with the SLAS team to finalize the implementation details and a follow up notice will be distributed when the go-live date has been confirmed. For further implementation and instructions on the Colorado SLIP implementation, please visit the Colorado Division of Insurance website.

Colorado Announces Adoption of SLIP:

The SLAS team is pleased to announce the upcoming transition of the Colorado Division of Insurance to 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. We are working with the Colorado Division of Insurance to finalize implementation details. Once those details are confirmed, we will share the official go-live date in a future notice. The SLAS team is available to answer customer questions regarding the Colorado transition to SLIP. For further information and implementation details, please visit the Colorado Division of Insurance website.

Should you have any questions, please let us know.

The Pennsylvania Surplus Lines Association has issued a Bulletin advising of important changes to the 1609 Affidavit, as well as an enhancement to the Electronic Filing System. We are currently in the process of implementing these updates and will provide further details as they become available.

ELANY has published Bulletin 2024-24, which provides important updates regarding the 2024 Affidavit Filings and Premium Tax Reports.

Should you have any questions or require further clarification regarding the content of this bulletin, please direct them to Theresa Hetherington at thetherington@elany.org or via phone at (646) 292-5561.

We have received confirmation from the Colorado Department of Insurance confirming a Clearinghouse Fee of 0.175% will be charged effective January 1, 2025. The tax calculator has been updated to reflect this change.

We have made an update to the Mississippi Quarterly State Reporting Tasks to enhance the workflow effective January 1, 2025.

The Quarterly Windstorm Payment State Reporting Tasks will no longer include the Windstorm payment for RPG's.

The RPG Windstorm Payment will now be included in the Quarterly RPG State Reporting Tasks.

ELANY has announced improvements to the AEROS Part A platform. These improvements expand and standardize re-opened batches.

Improvements include:

1. The addition of a Message Examiner option. This is a new feature for the examiner and broker to message each other directly regarding a transaction. This will replace the need to email about the transaction.

2. The re-open instruction dialog and the transaction can now be displayed simultaneously.

3. Re-open instructions to the broker are now standardized across all batches.

Please contact the ELANY Helpdesk if you have any questions or need any assistance.