Are "No Business" filings required?
Insurers are required to submit a "No business" filing via SLIP if no insurance business was written in the Mississippi during the prior year. Please refer to the Help Files within SLIP for assistance with submitting a zero business filing.
How do I notify MSLA of Name/Mailing Address Changes?
Insurer name, mailing address, contact, and domiciliary state changes are all made through the Mississippi Insurance Department. For more information, please refer to the Surplus Lines Insurance Forms section listed under the Company Filing Registration page on the MID website.
Is it possible to submit the policy data into SLIP using both manual and the XML batch submission methods?
Insurers may complete the annual MSLA SLIP filings via manual entry or XML batch upload methods, using both filing methods, or with multiple XML files.
What if the MS premium on the Schedule T does not match with the SLIP reported premium?
Mississippi is following the Home State rules and regulations of the NRRA and insurers are requested to report the MS Home State written premium. It is anticipated that that the SLIP reported premium and the Schedule T premium may not always match. MSLA will verify that the annual SLIP filing has been completed from each nonadmitted insurer.
What is the difference between an agent, agency, or broker? And, what are the filing requirements for each entity type?
Agent, Agency, or Broker
Insurers are required to provide the name of the entity that is responsible for the surplus lines tax filing. The entity can be the agent, agency, or broker. Here is a brief description and the specific filing requirements for each entity type:
The Mississippi Surplus Lines licensed agent. Requirements: the individual's name and MS surplus lines license number. A search for individual agent identification (license) numbers can be conducted from the Mississippi Insurance Department’s website under https://www.mid.ms.gov/licensing-search/individual-entity-search.aspx.
The name of the agency that is associated with the MS surplus lines licensed agent. Requirements: the agency's name and agency identification number. The agency identification number is issued by MSLA, and can be found in the MSLA Agency List at http://www.msla.org/insurers/msla-agency-list/.
For MSLA reporting purposes, the term “broker” may be used to reference the name of an “agent” or the name of an “agency.” Requirements: the name of the individual or business, address, phone number, and valid email address. The individual broker details are provided by the insurer.