Insurance Licensing Update: Michigan - Eliminating Paper Filing - Supportive Insurance Services

The Michigan Office of Financial and Insurance Regulation (OFIR) will be eliminating the manual paper filing of surplus lines taxes and payments.

Beginning July 1, 2012 Michigan OFIR will be accepting filings and payments through the National Association of Insurance Commissioners (NAIC) OPTins (Online Premium Tax for Insurance) application.

Each individual or business entity submitting taxes will be required to transmit them electronically via ACH, credit or debit. Details are available on the NAIC OPTins website at http://www.optins.org

More information will be announced soon. Licensees should ensure their email address on file is current. Licensees may confirm their email address by contacting OFIR at (877) 999-6442.

The insurance licensing information provided on this blog is not legal advice and the reader is advised to consult an attorney regarding application of this information in any particular situation.

This information is brought to you by Supportive Insurance Services… Licensing Experts Saving You Time and Money!

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“Our company has worked with Supportive Insurance Services for several years and greatly value the support and services they provide us. Starting with our Team Leader Cindy Hawkins, they are extremely responsive, pro-active, professional and friendly. We are very happy with their overall service and support.”

John Losurdo - Officer, RHSB

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Jonathan Hageman, Dubraski & Associates Insurance Services

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David R. Smith , Sanger & Altgelt LLC

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Phil Nisbet, World Insurance Associates LLC

Insurance Licensing Update: Michigan – Eliminating Paper Filing