California
California Department of Insurance Updates Affidavit Requirements for Property and Casualty Surplus Lines License and Premium Tax
On January 23, 2024, California updated Surplus Lines General Provisions for Affidavit Requirements, particularly related to a new and simplified SL-2 Form released earlier in January of 2024.
The SL-2 Form can also be used for transactions prior to 1/1/2024. Numerous changes to Export List and Export List Codes were made to the following:
- Accident / Liability - Bridge Plan
- Commercial Property
- Excess Liability
- Surety, Bonds and Fidelity
- Inland Marine - Drone Physical Damage or Loss
- Liability
- Malpractice
More details can be found in the following link:
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analyzed
pending
effective
This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
categories
Surplus
analyzed
Our compliance experts have identified the update and analyzed it for impact on both the industry and AgentSync products.
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effective
The date the update takes effect.
released
This means an AgentSync product was updated as a result of this change and the update is now live in our product(s).