2019 Annual Late Filing Report to Run March 19

SLTX’s annual late filing report, which lists all Texas surplus lines policies that were not timely filed in 2019, will be generated on March 19, 2020. Policies are considered late if they are not filed with SLTX within 60 days of issuance or the effective date, whichever is later.

Under the Texas Administrative Code, SLTX must submit the annual late filing report to the Texas Department of Insurance (TDI) no later than the first business day in April of each year for the previous calendar year. At this time, no additional changes can be made to the report. However, if a late filing adjustment has been approved and TDI has previously determined a policy that was originally included on a monthly late filing report should be considered timely filed, it will not be included on the annual late filing report.

Beginning March 19, 2020, agents and brokers who file electronically and have submitted an untimely filed policy in 2019 will be able to access an electronic copy of the report as a courtesy and pre-notification. The report can be found in SLTX’s online filing system by accessing the “Reporting” tab on the left navigation menu. Select “EOM/EOY Reports” from the “Listings” drop-down menu at the top of the screen. Choose the “Late Filing Reports” radio button, and the annual late filing report will be displayed as the most recent report listed, if available.

SLTX will send the official 2019 Annual Late Filing Report by certified mail to all agents and brokers included on the report. Those who are not included on the report will not see it listed in the online filing system and will not receive a letter from SLTX by certified mail.

The report will include a list of all policies that were not timely filed, as well as the number of days late for each, the total percentage of late policies for the year, a calculation of total fees due, and the number of policies sent to enforcement, if any. Assessments and enforcement actions are determined by statute and all fees should be submitted directly to TDI. The TDI Late Filers Fee Payment Form will be included within the certified mailing.