WY Insurance Memorandum 3-2012
Electronic filing of the Annual and Quarterly Premium Tax Return. Please note that OPTins is NOT available for Surplus Lines Tax.
Administration (307) 777-7401 ♦ Fax (307) 777-2446
http://insurance.state.wy.us.
Licensing (307) 777-7319 ♦ Fax (307) 777-5895
THE STATE
OF WYOMING
Matthew H. Mead
Governor
Insurance Department
106 East 6th Avenue ♦ Cheyenne, Wyoming 82002
Tom C. Hirsig
Commissioner
M E M O R A N D U M
To:
Insurance Companies Licensed to Transact Business in Wyoming
From: Wyoming Insurance Department, Examination Section
Date:
August 31, 2012
Re:
OPTins – Online Filing For Premium Tax
The Examination Section of the Wyoming Insurance Department is responsible for the tax
regulation of all insurance companies and other regulated entities that are authorized, approved
or registered to transact business in the State of Wyoming. This includes responsibility for the
timely preparation, collection, recording, analysis and reporting of all insurance premiums, taxes
and renewal fees.
The Department has implemented OPTins (Online Premium Tax for Insurance) for insurance
companies.
OPTins was developed by the National Association of Insurance Commissioners
(NAIC) to facilitate the electronic submission of required filings and payments that are due
quarterly and annually.
While filings may still be submitted by mail, the Department is
encouraging companies to begin using the OPTins system. The system will be available for use
beginning with the 3rd Quarter Premium Tax filing for 2012.
The OPTins system is very simple and requires no formal training. Easy to follow instructions
are available at http://www.optins.org. Once you are registered and have set up an account, you
will be able to log in, upload your filing forms and submit your payment online. Everything is
electronic and tax forms along with the payment are received by the Wyoming Insurance
Department immediately upon submission by the company. Utilizing OPTins will save time and
ensure that tax forms and payments are received together and on time. OPTins does charge a
nominal fee to use this service.
To implement OPTins, contact the OPTins Marketing Team at optinsmktg@naic.org or call
(816) 783-8787. If you already use OPTins, you do not have to contact OPTins Marketing, just
login and file for Wyoming.
If you have questions for the Wyoming Insurance Department, please contact any of the
following individuals for assistance:
Mavis Earnshaw, Auditor I at mavis.earnshaw@wyo.gov
Tammy Higgins, Accountant at tammy.higgins@wyo.gov
Linda Johnson, Chief Financial Examiner at linda.johnson@wyo.gov