Surplus Lines Brokers Filing

File and Pay Surplus Lines Tax

As of January 2020, use of OPTins is mandatory to file and pay your surplus lines tax online. See Insurance Department Bulletin 15-2019: Mandatory use of OPTins for Filing & Paying Surplus Lines Insurance Premium Taxes
Note: If a surplus line broker has a “zero” quarterly filing, the broker is not required to file in Optins.

Tax Filing Forms & Instructions

Pursuant to Ark. Code Ann. § 23-65-301, et seq., and Rule 24, now known as 23 CAR pt 201, on surplus line insurance. For licensing of surplus lines brokers, see Ark. Code Ann. § 23-65-308.

Surplus Lines Broker Courtesy Filing List

Use this list below to choose a broker for your filings if you are not licensed in Arkansas as a surplus lines broker.

Arkansas Courtesy Filers to make filings for other licensed agents/brokers not licensed in Arkansas.

Note: If you would like to be added to this list, please email the Accounting Division. You must be a licensed resident agency/broker to be a courtesy filer.

Filing Deadlines for Quarterly Coverage

Remit the 4% broker’s tax by the required due dates to avoid incurring monetary penalties. To facilitate timely report and tax filings, please adhere to the following chart for a calendar year:

Form SL-2 & SL-2A

Procured Tax Payments

• 1st Quarter (ending March 31) 06/01
• 2nd Quarter (ending June 1) 08/31
• 3rd Quarter (ending September 30) 11/30
• 4th Quarter (ending December 31) 03/01

Rule 24 Surplus Lines Insurance

Forms

Quarterly:

1. Form SL-1 & SL-2A Instructions – Surplus Lines monthly filing information

2. Form SL-3 – Affidavit of Surplus Line Broker
The person signing this form MUST be licensed in Arkansas as a surplus lines broker.

3. SL-2 & SL-2a Quarterly Statement of Surplus Lines This form is designed to be completed in Excel, uploaded, and submitted in OPTins with tax payment.

NOTE: If a surplus line broker has a “zero” quarterly filing, the broker is not required to file in OPTins.

Annual:

1. SL-4 Instructions Surplus Lines annual filing information

2. SL-4 Affidavit
The person signing this form MUST be licensed in Arkansas as a surplus lines broker.

3. AR_SL-4 This form is designed to be completed in Excel, uploaded, and submitted in OPTins even if it is a zero “0” filing. (due by March 1^st each year.)

Annual forms must be completed in Excel, uploaded, and submitted in OPTins even if no premiums were written.

NOTE: Annual filing required even if no business has been written.

Forms to be kept on file in the Surplus Line broker’s office:

1. SL-3 Disclosure to Surplus Line Insured
This form is not required to be filed with the Insurance Department, but is required to be available if requested by the Commissioner.