As a Surplus Lines licensee, the taxes and regulatory fees are paid on a semi-annual basis on form FIS 0270 Surplus Lines Agent Semi-Annual Report of Michigan Premiums and Tax which is available on our website under the Forms tab. The report and fees are due August 15th and February 15th for each six-month period. The taxes are due August 15th for policies placed during January through June; the taxes are due February 15th for policies placed during July through December. The total premiums written on page 1 and page 2 must balance.

If no surplus lines business has been conducted, submit the FIS 0270 Semi-Annual Report with a zero dollar amount, appropriately signed and dated by the individual licensee.

Refunds are not issued, but credits may be taken on the FIS 0270 Semi-Annual Report with proper supporting documentation. Declaration sheets are not required to be submitted with the FIS 0270 Semi-Annual Report, but may be requested.

If a Surplus Lines insurer is used that is not listed on Michigan?s list of eligible unauthorized insurers, the additional form FIS 0269 Report of Transaction with an Unauthorized Insurer Not Recognized as Eligible must be completed and submitted with the FIS 0270. The list is updated quarterly and is available on our website.