Compliance Dos and Don’ts: Surplus Lines Reporting Using Opt Ins
Welcome to Compliance Dos & Don’ts, where experts share their licensing and compliance knowledge. Today, ILSA’s Surplus Lines Tax Filings Supervisor, Sherry Groves, shares her dos and don’ts for using OPTins for surplus lines tax filings. Her secret for success: provide OPTins administrators with complete producer and banking information from the very beginning, and then keep that information up to date.
And if you only learn one thing from this podcast, let it be this: Don’t wait until the last minute to register with OPTins.