What’s the Best Way … to Handle Zero Reports for Surplus Lines?
Arleen T. Taveras, ARM
2019 Business Insurance Women to Watch????Offering Licensing & Compliance Solutions to the Insurance Industry
Did you know that state regulators may want to know when you’re NOT doing surplus lines business? Around 30 states require licensees to file zero reports – confirmations that they have not placed surplus lines business in the state during a given period. This compliance obligation kicks in as soon as an individual or agency receives their surplus lines license.
Angie Dyer joins us on the next Compliance DOs & DON’Ts to share her tips for filing these required reports. In her 13 year career at ILSA, Angie’s worked in every department except IT – giving her a deep understanding of how the different compliance areas work together. She currently serves as Tax Compliance Team Leader, ensuring that clients’ zero reports and other surplus lines filings are submitted correctly and in a timely manner.
For her complete list of DOs and DON’Ts, join us on Thursday, December 5, at Spot On Insurance, or click on the links below to subscribe to never miss an episode.
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Compliance DOs & DONT's started as a way to say, “Thank you!” to loyal listeners of the Spot On Insurance podcast, but it's turned into a powerhouse podcast in its own right. Now, experts from across the country join SOI hosts Ted and Arleen Taveras to share insiders’ advice on navigating the often complicated world of insurance licensing and compliance. Every Thursday you’ll get the secret sauce on how to avoid common pitfalls and implement best practices. We’re answering the questions you may not even know to ask!