Financial filing requirements for property and casualty insurers

Financial information filing instructions

Refer to these resources for specific instructions on what documents are required and how to fill them out. Annual financial filing statements are due each year on March 1, and any supplemental electronic filings are due on April 1.

Also, learn how to use the portal to file your required financial information and find the templates required to complete your financial filing:

File your annual report for property and casualty insurers

Using a remote online notary

You can send documents notarized by a remote online notary who:

  • Is authorized in Washington
  • Uses audio or video for identification
  • Notarizes documents with tamper-evident technologies

The notary stamp needs to be a digital image that looks like a traditional notary stamp. It also needs to show the notarization happened remotely.

Financial filing requirements for life, accident and health insurers

Financial information filing instructions

Refer to these resources for specific instructions on what documents are required and how to fill them out. Annual financial filing statements are due each year on March 1, and any supplemental electronic filings are due on April 1.

Also, learn how to use the portal to file your required financial information and find the templates needed to complete your financial filings:

File your annual report for life, accident and health insurers

Using a remote online notary

You can send documents notarized by a remote online notary who:

  • Is authorized in Washington
  • Uses audio or video for identification
  • Notarizes documents with tamper-evident technologies

The notary stamp needs to be a digital image that looks like a traditional notary stamp. It also needs to show the notarization happened remotely.

Financial filing requirements for multi-employer welfare associations

Financial filing instructions

Refer to these resources for specific instructions on how to use the portal to file your annual report and templates required to complete your financial filing:

File your annual report for multi-employer welfare associations

Using a remote online notary

You can send documents notarized by a remote online notary who:

  • Is authorized in Washington
  • Uses audio or video for identification
  • Notarizes documents with tamper-evident technologies

The notary stamp needs to be a digital image that looks like a traditional notary stamp. It also needs to show the notarization happened remotely.

Financial filing requirements for health maintenance organizations

Financial statement filing instructions

Refer to these resources for specific instructions on how to use the portal to file your annual report and templates required to complete your financial filing:

File your annual report for health maintenance organizations

Using a remote online notary

You can send documents notarized by a remote online notary who:

  • Is authorized in Washington
  • Uses audio or video for identification
  • Notarizes documents with tamper-evident technologies

The notary stamp needs to be a digital image that looks like a traditional notary stamp. It also needs to show the notarization happened remotely.

Financial filing requirements for health care benefit managers

Financial information for HCBMs is filed during the annual renewal process. Paying your invoices is included in paying your renewal fee.

Financial filing instructions

To file your financial information:

  1. By March 1, log into the Filing and Payment Center to access your annual gross income report.
  2. Use the annual gross income report to submit your state gross business income and supporting documents.

File your annual report for health care benefit managers

Financial filing requirements for fraternal benefit societies

Filing checklist

Refer to this checklist for specific documents and instructions to file your annual financial information filing:

Using a remote online notary

You can send documents notarized by a remote online notary who:

  • Is authorized in Washington
  • Uses audio or video for identification
  • Notarizes documents with tamper-evident technologies

The notary stamp needs to be a digital image that looks like a traditional notary stamp. It also needs to show the notarization happened remotely.

Fraud and regulatory surcharges

We calculate the surcharges based on the premium volumes you reported on last year's tax forms. The minimum regulatory surcharge is $1,000. The minimum fraud surcharge is $100.

You can collect the surcharges from policyholders in one of the following ways:

  • List it as a separate charge on their billing or policy statement.
  • Build the surcharges into your rates as an expected cost.

How we calculate surcharges

What you owe for surcharges depends on your organization's type.

Premium tax filing for purchasing groups 2022

New for 2022

There are no changes from the 2021 purchasing group tax forms.

Filing requirements

All purchasing groups registered in the state of Washington during the calendar year must file an online tax form, as provided by this office, even if no business was actually transacted within Washington during that time. Alternate filing methods are not accepted.

Due date

The completed online form and payment must be received by our office on or before March 1 following the end of the calendar year. When the due date falls on a Saturday or Sunday, the form and payment are considered timely if received on the next business day.

Caution: Do not mail a paper version of the form or any attachments to our office.

Completing your premium tax form

The tax rate is 2%. Calculations will be completed automatically.

Selecting "Print" will print your form exactly as it appears on the screen, even if you have not saved your work.

The "Save progress" button does not check for errors.

Remember: Save your work before moving away from the form; your work is not automatically saved.

Purchasing Group Taxes

Premiums entered in this section must reflect all Washington business for the year, even if another entity is responsible for the payment of taxes.

Purchasing group taxes instructions

Line name

State of domicile

State of Washington

Purchasing Group Tax Rate

If editable, enter your state of domicile purchasing group tax rate

Pre-populated by the OIC

Purchasing Group Taxes

If editable, enter taxes due to your state of domicile

Auto-calculated

Entities Responsible for Premium Tax Liability

If your purchasing group does not pay taxes directly, select "Yes" when responding to the question "Is another entity responsible for this tax liability?"

After selecting "Yes," enter the entity responsible for the tax liability and the premium volume for which they are responsible.

Select "Add Entity" if more than one entity is responsible for taxes.

Declaration and final submission

Review the Declaration and, if necessary, update the contact information.

The contact information listed here is the insurance commissioner's only point of contact for premium tax purposes; please make sure the information is accurate.

Enter the name and title of the officer who has examined the form and declares that to the best of this officer’s knowledge and belief, the information is entirely true, accurate, and complete.

Submit your form to the insurance commissioner by clicking "Final Submission."

Premium tax filing for title companies 2023

New for 2023

There are no changes from 2022 for the title insurance tax forms.

Filing requirements

All title insurance companies licensed in the State of Washington during the calendar year must file an online tax form, as provided by this office, even if no business was actually transacted within Washington during that time. Alternate filing methods are not accepted.

Due date

The completed online form and payment must be received by our office on or before March 1 following the end of the calendar year. When the due date falls on a Saturday or Sunday, the form and payment are considered timely if received the next business day.

Caution: Do not mail a paper version of the form or any attachments to our office.

Completing your premium tax form

Title companies are not subject to premium tax, but must report their premiums.

Premiums reported must be on the same basis as required on the Annual Statement.

Selecting "Print" will print your form exactly as it appears on the screen, even if you have not saved your work.

The "Save progress" button does not check for errors.

Remember: Save your work before moving away from the form; your work is not automatically saved.

Title premiums and fees

Premiums as reported on the annual statement

Premiums entered in this section must match premiums reported for Washington on the State Page Exhibit filed with the National Association of Insurance Commissioners (NAIC).

Fee details

If your company is no longer active in Washington and this is your final return, enter $0 as the Certificate of Authority Renewal Fee.

Fees for foreign title companies

Fee details for foreign title companies

Line name

State of domicile

State of Washington

Certificate of Authority Renewal Fee

Enter the Certificate of Authority renewal fee your state of domicile charges foreign insurers

Pre-populated by the OIC

Annual Statement Filing Fee

Enter the annual statement filing fee your state of domicile charges foreign insurers

Pre-populated by the OIC

Other Misc Fees (specify)

Provide description and amount of other fees charged by your state of domicile (see note below)

n/a

Note: Examples of Other Misc Fees to report on this schedule may include, but are not limited to, fraud fees, cost containment fees, exam fees, or annual service fees.

Summary

The fields in this section are populated from other areas of the tax form.

Declaration and final submission

Review the Declaration and, if necessary, update the contact information.

The contact information listed here is the insurance commissioner's only point of contact for premium taxes and regulatory surcharge purposes; please make sure the information is accurate.

Enter the name and title of the officer who has examined the form and declares that to the best of this officer’s knowledge and belief, the information is entirely true, accurate, and complete.

Submit your form to the insurance commissioner by clicking "Final Submission."

Premium tax filing for title companies 2019

New for 2019

There are no changes from 2018 for the title insurance tax forms.

Filing requirements

All title insurance companies licensed in the State of Washington during the calendar year must file an online tax form, as provided by this office, even if no business was actually transacted within Washington during that time. Alternate filing methods are not accepted.

Due date

The completed online form and payment must be received by our office on or before March 1 following the end of the calendar year. When the due date falls on a Saturday or Sunday, the form and payment are considered timely if received the next business day.

Caution: Do not mail a paper version of the form or any attachments to our office.

Completing your premium tax form

Title companies are not subject to premium tax, but must report their premiums.

Premiums reported must be on the same basis as required on the Annual Statement.

Selecting "Print" will print your form exactly as it appears on the screen, even if you have not saved your work.

The "Save progress" button does not check for errors.

Remember: Save your work before moving away from the form; your work is not automatically saved.

Title premiums and fees

Premiums as reported on the annual statement

Premiums entered in this section must match premiums reported for Washington on the State Page Exhibit filed with the National Association of Insurance Commissioners (NAIC).

Fee details

If your company is no longer active in Washington and this is your final return, enter $0 as the Certificate of Authority Renewal Fee.

Fees for foreign title companies

Fee details for foreign title companies

Line name

State of domicile

State of Washington

Certificate of Authority Renewal Fee

Enter the Certificate of Authority renewal fee your state of domicile charges foreign insurers

Pre-populated by the OIC

Annual Statement Filing Fee

Enter the annual statement filing fee your state of domicile charges foreign insurers

Pre-populated by the OIC

Other Misc Fees (specify)

Provide description and amount of other fees charged by your state of domicile (see note below)

n/a

Note: Examples of Other Misc Fees to report on this schedule may include, but are not limited to, fraud fees, cost containment fees, exam fees, or annual service fees.

Summary

The fields in this section are populated from other areas of the tax form.

Declaration and final submission

Review the Declaration and, if necessary, update the contact information.

The contact information listed here is the insurance commissioner's only point of contact for premium taxes and regulatory surcharge purposes; please make sure the information is accurate.

Enter the name and title of the officer who has examined the form and declares that to the best of this officer’s knowledge and belief, the information is entirely true, accurate, and complete.

Submit your form to the insurance commissioner by clicking "Final Submission."

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