Colorado Division of Insurance
Effective April 1, 2026, all Colorado surplus lines policies, endorsements, audits or cancellations with an effective date of January 1, 2022 and after that were not previously reported to the Colorado Division of Insurance will also be filed through SLIP+ for States. The applicable 3% Colorado surplus lines tax will apply. Policies, and endorsements on policies, effective between January 1, 2022 – December 31, 2024 will not be charged the SLIP+ transaction fee. The Colorado Division of Insurance is requesting that brokers wait to file any policies or endorsements effective on or after January 1, 2022 in SLIP+ for States beginning on April 1, 2026.
Following are examples for filing policies and endorsements in SLIP+: Example One: Policy #ABC123, effective January 1, 2024 was previously reported to DORA in the legacy system. An additional premium endorsement on policy #ABC123 was effective December 1, 2024 for $500.00 in premium and was not reported to DORA.
Example Two: Policy #XYZ123, effective July 1, 2024, and an endorsement effective February 25, 2025. Neither transaction was previously reported to DORA in the legacy system.
Example Three: Policy #CDE123, effective January 1, 2024 was previously reported to DORA in the legacy system. A return premium endorsement on policy #CDE123 was effective December 1, 2024 for ($500.00) in premium and was not reported to DORA.
Read the bulletin on Colorado's state page or directly on the Department of Regulatory Agencies (DORA) page.
If you have any questions or need additional information, please contact info@slipplus.com or call (877) 267-9855, option 1.
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