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Where do I file the annual...

WHERE DO I FILE THE ANNUAL STATEMENTS AND PREMIUM TAX PAYMENT? The original report and premium tax payment and is sent to the Insurance Department by the licensed Broker. Tax payment is made in full annually on or before March 1. A $25.00 per day penalty is assessed by the Department commencing Apri...

What are eligible and...

WHAT ARE ELIGIBLE AND INELIGIBLE INSURERS? Eligible "White List" Insurers consist of insurance companies that have made application to the Idaho Insurance Director, met certain legal and financial requirements, and, although they do not hold a Certificate of Authority in the state, they have qualifi...

What and how much is...

WHAT AND HOW MUCH IS THE SURPLUS LINE PREMIUM TAX? The premium tax is a tax paid to the State of Idaho on surplus line coverages written by a broker with unauthorized eligible insurers. Surplus Line premium tax is the same rate of tax as imposed by law on the premiums of like coverages written by au...

Broker

Surplus Lines Insurers White List NAIC Quarterly List IDAHO White List NAME ACCEPTANCE INDEMNITY INS CO ADMIRAL INS CO ADRIATIC INS CO AGENT ALLIANCE INSURANCE COMPANY AIG SPECIALTY INS CO AIX SPECIALTY INS CO ALLIANZ UNDERWRITERS INS CO ALLIED WORLD ASSURANCE CO (US) ALLIED WORLD SURPLUS LINES INS ...

Is there specific wording...

IS THERE SPECIFIC WORDING THAT NEEDS TO BE STAMPED ON THE CONTRACT? Yes. Every contract procured and delivered as a surplus line coverage must be countersigned by the broker who procured it, and must have conspicuously stamped upon it in RED ink with at least 10 pt BOLD print - alternatively the ver...

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AppraisalSmith | RETURN HOME | What is excess insurance? | How much is the surplus... | What are eligible and... | What are admitted insurers? | What is a cover note? | What is independently... | Where do I file the annual... | When do I file an endorsement? | Who is a member of SLA Idaho? | Are penalties in place... | Do I have to use the... | How do I file an affidavit... | Are policy and inspection... | Is there specific wording... | Who should make the filing? | What and how much is...