Publication Date
2025-02-27
effective date
2025-03-17
jurisdiction
New York Final Bulletin Reporting Premium Tax Statement
Posted February 24, 2025, The Excess Line Association of New York (ELANY) issued a bulletin reminding stakeholders of the final notice for reporting 2024 premium tax statements.

All licensed excess line brokers must file a tax return ELECTRONICALLY (Premium Tax Statement) on or before March 17, 2025, even if NO business was placed under that license. Please see the attachment and the following link for more information
Premium Tax Statement
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates. Their findings are then recorded in the Regulatory Updates section of the Compliance Library to explain how the update impacts the insurance industry. If a change impacts an AgentSync product, this will be highlighted to inform you that the product is being updated to ensure you remain in compliance.
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This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
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