Connecticut Filing Guide

Filing Methods

• OPTins Electronic System (https://optins.org)
• Email to [email protected] (for non-NAIC filings)

Filing Steps

1. 1File quarterly SL-9 tax returns via OPTins by 2/15, 5/15, 8/15, and 11/15
2. 2OPTins Helpdesk: (816) 783-8990 or [email protected]
3. 3Tax rate is 4% - paid by BROKER (not policyholder)
4. 4CRITICAL: Must obtain THREE declinations from authorized insurers
5. 5Declinations must include: specific reason, date declined, underwriter name and title
6. 6NEW declinations required at renewal - cannot reuse prior declinations
7. 7State of Connecticut, its agencies and municipalities are tax exempt
8. 8No filing required for zero-activity quarters
9. 9Credits must be carried forward to subsequent quarters
10. 10Refunds available only after three consecutive quarters with remaining balance
11. 11For real property policies, must include property location
12. 12Policy must have specific 12-point boldface notice on cover
13. 13Check eligible insurer list - companies coded "K" are authorized
14. 14Consult export list before placing coverage
15. 15Industrial insurance exemption: $50k+ annual premiums with full-time insurance manager
16. 16NRRA exempt commercial purchaser exemption: waives diligent search if disclosure made
17. 17Alternative filing: Email to [email protected] for non-NAIC filings
18. 18INSURERS: Foreign insurers must file quarterly reports (May 15, Aug 15, Nov 15) with CT premium/loss breakdown in page 19 format
19. 19INSURERS: Annual NAIC financial statements due March 1
20. 20INSURERS: When filed timely with NAIC, automatically considered filed with Commissioner

Required Forms

• SL-9 Tax Return (via OPTins)
• Form SL-2
• Power of Attorney
• Policy with Required Notice Language

Common Issues to Avoid

• Not using OPTins system (primary filing method)
• Missing quarterly filing deadlines (2/15, 5/15, 8/15, 11/15)
• Failing to obtain THREE declinations (not just one or two)
• Reusing old declinations at renewal (must get new ones)
• Missing specific declination details (reason, date, underwriter info)
• Missing property location for real property policies
• Incorrect or missing 12-point boldface policy notice
• Not checking eligible insurer list before placement
• Not consulting export list
• Incorrectly applying tax exemptions
• Filing when there is zero activity (not required)
• Not carrying credits forward properly

Helpful Tips

• Set up OPTins account early - contact helpdesk at (816) 783-8990
• Set quarterly reminders for 2/15, 5/15, 8/15, and 11/15 deadlines
• Maintain detailed records of all THREE declinations with complete information
• Get NEW declinations at each renewal - prior ones do not carry forward
• Skip filing for zero-activity quarters (not required)
• Track credits carefully - they carry forward automatically
• Verify insurer eligibility - check for "K" code on DOI website
• Review export list at https://portal.ct.gov/cid/searchable-archive/financial-division/exportable-list
• Use standard 12-point boldface notice template for policies
• Track property locations for all real property policies
• Identify tax-exempt insureds (state, agencies, municipalities) upfront
• For ECP exemptions, ensure written request from purchaser on file
• Contact [email protected] for regulatory questions

Frequently Asked Questions