For reconciliation purposes, nonadmitted insurers are required by the MID to furnish MSLA annual filings with specific information regarding the policies written and premiums collected during the prior year. MSLA reconciles the policy data submitted into SLIP by eligible Surplus Lines insurers with the policy data remitted on Monthly Tax Reports by Surplus Lines insurance producers.
Data Requirements
Nonadmitted insurers are requested to furnish MSLA with data pertaining to the policies written and premiums collected during the prior year, as it appears on the policy’s Declaration Page. The following policy data is required:
Annual Filing Due Dates
The annual policy data is due no later than March 15th for nonadmitted foreign insurers and June 1st for alien insurers.