September 30, 2026
2Q2026 Reporting Deadline
Foreign insurer transactions effective in the second quarter (April 1, 2026 – June 30, 2026) should be reported in SLIP+ on or before September 30, 2026.
Insurer reporting bulletins for Alabama, Colorado, Kansas, Montana, Oklahoma, South Dakota, Tennessee, and Wyoming are available on the Insurer Services page of slipplus.com.
SLIP+ Insurer Compliance Webinar
The SLIP+ Insurer Webinar released earlier this month is available on the Webinars & Media page of slipplus.com. The webinar covers common reporting issues, tips to help reduce follow-up requests, and resources to assist insurers in making accurate, timely filings.
Understanding Premium Deficiency Notices
Premium deficiency notices alert insurers when the premium they have reported is significantly lower than the premium reported by agents. Resolving these discrepancies helps ensure that premium and premium tax reporting is complete and accurate.
If you receive a premium deficiency notice, please review your internal records and compare them with the premium data reported by agents. If discrepancies are identified, submit any necessary additional filings or corrections to resolve the deficiency.
Premium deficiencies must be resolved within 60 days of the original notice. Unresolved deficiencies may be referred to the appropriate regulatory agency for administrative action.
Independently Procured Coverage Filing Guidance
Independently Procured Coverage (IPC) policies for Alabama and Louisiana are not reported in SLIP+. When Arkansas begins using SLIP+ in January 2027, IPC policies will continue to be filed directly with the Arkansas Insurance Department rather than through SLIP+.
Insurers should exclude IPC policies written in Alabama, Arkansas, and Louisiana from their SLIP+ filings. Please confirm applicable insurer reporting requirements for IPC policies in each of these states with the appropriate regulatory agency.
Filing Guidance to Reduce Reconciliation Requests
Filing transactions accurately enables our reconciliation systems to match agent and insurer filings independently, reducing secondary review and reconciliation requests. Below are errors our Premium Reconciliation team frequently identify:
Policy Number: Adding prefixes or suffixes to policy numbers, including leading zeros, or “-001”, that are not listed on the policy documentation can lead to reporting discrepancies and inaccurate data matches. Submit filings in SLIP+ using the policy number shown on the policy documentation.
Misidentifying the Home State: Under the Nonadmitted and Reinsurance Reform Act (NRRA), the Home State is defined as the state in which the insured maintains its principal place of business or residence. If there is no premium exposure in the insured's principal place of business or residence, the Home State is the state with the greatest percentage of premium exposure. Verify the insured’s principal place of business or residence, the location of the risk, and the applicable premium exposure to accurately determine the Home State of the insured prior to filing.
Reporting Agent Selection: When reporting a transaction in SLIP+, select the surplus lines agent listed on the policy documentation. If the agent does not appear in the SLIP+ agent list, navigate to Filings and use the Reporting Entity Search to identify the agent who reported the policy.
IPC Selection: Independently Procured Coverage (IPC) should only be selected when coverage is bound through direct placement with the insured. Policy documentation will be requested if IPC is selected, and our system is unable to match the policy to an IPC filing. IPC should not be used as a placeholder when the surplus lines agent is unknown.
Need Assistance?
If you have any questions or unsure how to report a policy, please contact SLIP+ staff at insurerservices@slipplus.com or at 877.267.9855
