FILING Review

Related Information

Examination

The objective of Examination is to help licensees submit accurate information by examining individual filings or reports for content and omission errors and communicate discrepancies back to the submitting licensee. Examination includes:

  • New Licensees: Review filings, endorsements, 1620 Monthly Reports, and RCT-123 Annual Tax Reports submitted by new licensees to ensure the licensee is submitting accurate information consistent with the Pennsylvania Surplus Lines Law and Procedures and Electronic Filing User Manual.
  • Tax Exempt Filings: Review tax exempt filings to ensure they comply with the Pennsylvania Department of Revenue guidelines. The following is an excerpt from the Department of Revenue’s website on Corporate Taxes and Surplus Lines Agents.
    • “Special Bulletin” issued Nov. 8, 2004, by the Pennsylvania Surplus Lines Association informed surplus lines licensees that unincorporated charitable, religious or educational organizations are not exempt from the surplus lines premium tax under current law.
    • Current statute does not provide an exemption for ANY organizations. The Pennsylvania Department of Revenue has determined that the ONLY entities that are exempt from the surplus lines tax are political subdivisions (counties, municipalities, school districts, authorities, etc.).
    • Questions on this subject should be directed exclusively to the Pennsylvania Department of Revenue.
  • 1609-B Filings: Review 1609-B filings to ensure they comply with Pennsylvania Surplus Lines Law Section 1609(b) and the requirement that the insurance “has been placed continuously with an eligible surplus lines insurer for a period of at least three (3) consecutive years immediately preceding the current placement”.
  • 1610-A Filings - Policy Effective Date after June 30, 2011: Review 1610-A filings to validate they comply with the Pennsylvania Surplus Lines Law Section 1610(a.1) and the requirements for an exempt commercial purchaser.
  • 1610-A Filings - Policy Effective Date before July 1, 2011: Review 1610-A filings to validate they comply with Pennsylvania Surplus Lines Law Section 1610(a) prior to Act 28 of 2011 and the insured meets at least 3 of the 6 requirements listed on the Filing Types page.
  • 1604-E Filings: Review 1604-E filings to validate that the type of coverage or the description of insured’s operation is on the Pennsylvania Insurance Department’s Export List.