Adoption of SLIP+ for Reporting and Payment of Surplus Line Taxes

[LOGO] KAY IVEY GOVERNOR MARK FOWLER COMMISSIONER STATE OF ALABAMA DEPARTMENT OF INSURANCE 201 MONROE STREET, SUITE 502 POST OFFICE BOX 303351 MONTGOMERY, ALABAMA 36130-3351 TELEPHONE: (334) 269-3550 FACSIMILE: (334) 241-4192 INTERNET: www.aldoi.gov DEPUTY COMMISSIONERS JIMMY W. GUNN LARRY CHAPMAN RICHARD FIORE DUSTY SMITH CHIEF EXAMINER SHEILA TRAVIS STATE FIRE MARSHAL SCOTT F. PILGREEN GENERAL COUNSEL REYN NORMAN # BULLETIN 2025-06 TO: Alabama Licensed Surplus Line Brokers Non-Admitted Carriers Writing in Alabama on a Surplus Line Basis FROM: Mark Fowler Commissioner of Insurance Mark Fowler RE: Adoption of SLIP+ for Reporting and Payment of Surplus Line Taxes DATE: October 24, 2025 EFFECTIVE: January 1, 2026 The purpose of this bulletin is to advise Alabama licensed surplus line brokers and non-admitted carriers writing in Alabama on a surplus line basis effective January 1, 2026, the Alabama Department of Insurance has adopted the **SLIP+ for States** platform for the reporting and payment of Alabama surplus line policy data and taxes in accordance with §27-10-31 of the Alabama Code and will no longer mandate surplus line tax remittance via the NAIC's OPTins platform. All policies, and endorsements on policies, **effective on or after January 1,** **2026**, shall be reported to the Alabama Department of Insurance using the SLIP+ for States platform. Transactions reported through SLIP+ for States will be charged the 6% surplus line tax as prescribed in §27-10-31(b) and a 0.175% of total gross premium of each insurance transaction processed, as the SLIP+ transaction fee. All taxes and transaction fees will be paid via ACH Debit in SLIP+ for States. Endorsements on policies effective **prior to** January 1, 2026, shall continue to be reported to the Alabama Department of Insurance using the legacy platform as currently submitted. Alabama Department of Insurance Established 1897 Bulletin 2025-06 October 24, 2025 Page 2 ## Registration and Login Information Surplus line broker filers who currently have a SLIP+ for States login do not need to register for a new SLIP+ for States account to begin reporting Alabama policies and transactions effective on or after January 1, 2026. Brokers who are not currently registered in SLIP+ for States will be able to register for an account and begin filing on January 1, 2026. ## Quarterly Reports and Tax Payments All Alabama surplus line policies, and endorsements on policies, effective January 1, 2026, and thereafter must be reported in SLIP+ for States in accordance with §27-10-21. At the end of each calendar year quarter, the tax and SLIP+ transaction fee invoices will be delivered to the SLIP+ inboxes for brokers who elect to remit surplus line taxes on a quarterly basis; while not statutorily required, it is highly recommended surplus line brokers remit taxes quarterly. Tax payments for Alabama surplus line premiums are statutorily due annually on or before March 1st of each year in accordance with §27-10-31. Quarterly Reporting and (Optional) Payment Schedule | Transactions Reported | Invoice Issue Date | Quarterly ID-12 Due Date & Tax Remittance Due Date if Broker Elects to Pay Quarterly | | --- | --- | --- | | Q1 (Jan 1 - Mar 31) | 1st Business Day of April | May 30 | | Q2 (Apr 1 - Jun 30) | 1st Business Day of July | August 30 | | Q3 (Jul 1 - Sep 30) | 1st Business Day of October | November 30 | | Q4 (Oct 1 - Dec 31) | 1st Business Day of January | January 30 | Annual Reporting and Payment Schedule (Required) | Transactions Reported | Broker Annual Policy Listing and Tax Remittance | | --- | --- | | Annual (Jan 1 - Dec 31) | March 1 | Additional information regarding filings and payments in SLIP+ for States and training opportunities will be provided prior to the SLIP+ for States implementation on January 1, 2026. If you have any questions or need additional information, please contact info@slipplus.com, or call (877) 267-9855, option 1 or visit https://slipplus.com/. You may also contact the Alabama Department of Insurance at surpluslines@insurance.alabama.gov with any questions regarding this bulletin. RMF/RN/bc