Beginning January 2020 - Use of OptIns is mandatory to file and pay your surplus lines tax on-line.

Insurance Department  Bulletin 15-2019:  Mandatory use of OptIns for Filing & Paying Surplus Lines Insurance Premium Taxes

SURPLUS LINES BROKER TAX FILING FORMS & INSTRUCTIONS

PURSUANT TO ARKANSAS CODE §23-65-301, ET SEQ., AND RULE 24 ON SURPLUS LINE INSURANCE

 Licensing of Surplus Lines Brokers: see AR Code §23-65-308 

 Arkansas Surplus Lines Brokers Courtesy Filing List

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

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:

 Filing Deadlines for

Quarterly Coverage                           Form SL-2 & SL-2A

is Procured                                    and Tax Payments

 1st Quarter                                   06/01/2020

2nd Quarter                                   08/31/2020

3rd Quarter                                   11/30/2020

4th Quarter                                   03/01/2021

 THIS DEPARTMENT DOES NOT ACCEPT POSTMARK DATES AS EVIDENCE OF FILING.

 Rule 24   Surplus Lines Insurance

FORMS

Quarterly:

     1.  Instructions Surplus Lines monthly filing information

     2.  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 send a form to the Department.

Annual:

     1.  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 1st each year.)

 Annual forms must be printed and mailed to the Accounting Division even if no premiums were written.

 Mail to:    AR Insurance Dept - Acctg Div
                1200 West Third Street
                Little Rock  AR  72201

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.