What is the statement of total premiums written due date?

What is the statement of total premiums written due date?

• A. March 15
• B. April 15
• C. May 1
• D. June 15

Answer: (B)

The due date for the statement of total premiums written in Louisiana is April 15. This deadline is important for insurers that deal with surplus lines, as it aligns with regulatory requirements to ensure compliance and proper reporting of the premiums collected. Meeting this deadline allows the state to accurately assess the surplus lines market and maintain oversight over the transactions that take place within it. The other dates listed do not correspond to this specific requirement under Louisiana law, making April 15 the correct and most relevant choice for those engaged in surplus lines activities.

The due date for the statement of total premiums written in Louisiana is April 15. This deadline is important for insurers that deal with surplus lines, as it aligns with regulatory requirements to ensure compliance and proper reporting of the premiums collected. Meeting this deadline allows the state to accurately assess the surplus lines market and maintain oversight over the transactions that take place within it. The other dates listed do not correspond to this specific requirement under Louisiana law, making April 15 the correct and most relevant choice for those engaged in surplus lines activities.