The Premium Tax and Fees Section is responsible for the tax regulation of all insurance companies, whether admitted or non-admitted, that are authorized, approved, or registered to transact business in the state of Delaware. This includes responsibility for the timely preparation, collection, recording, analysis, and reporting of all insurance premiums, taxes, and fees; and for ensuring company compliance with Delaware insurance tax laws and other applicable laws in the Delaware Code. In addition, all foreign Risk Retention Group and Risk Purchasing Group applications for registration are reviewed by the Premium Tax and Fees Section, and RRG/PG regulation falls to this Section of the Department. Another function of the Premium Tax and Fees Section is the regulation of Surplus Lines brokers, including policy reporting and compliance enforcement, along with the collection of surplus lines premium tax.
OPTins is not mandatory at this time, howerver OPTins is the preferred method for submitting calendar year 2012 annual premium tax and fees. Now that OPTins offers both ACH Credit and ACH Debit as payment options, the Delaware Insurance Department even more strongly encourages all companies – including tax-exempt companies that pay annual renewal fees – to use OPTins to submit Delaware premium tax and annual renewal forms and payments electronically.
Click the links below if you have questions about any of the following Premium Tax Related topics:
Electronic Funds Payment Guide
Franchise Tax (Note: Div. of Corporations collects Franchise Taxes)
CY 2012 Premium Tax and Annual Renewal Forms NEW
Admitted Insurers (Life, Accident, Health; Property-Casualty, and Title Companies)
CALENDAR YEAR 2012 ANNUAL PREMIUM TAX AND FEES REPORTS
ATTENTION ALL COMPANIES SUBJECT TO TAXES SPECIFIED IN 18 Del. C. Sections 702 & 703; including admitted Alien (U.S. Branch) Insurers; Foreign and Domestic Property-Casualty, Life, Accident, Health Insurers and Medicare Prescription Drug Plan Providers; Foreign Risk Retention Groups, and Title Insurers:
THE UPDATED CALENDAR YEAR 2012 ANNUAL PREMIUM TAX AND FEES REPORTS (WORKING FORMS T-1 THROUGH T-8) FOR BOTH FOREIGN AND DOMESTIC INSURERS ARE NOW AVAILABLE AT THE LINKS BELOW.
Purchasing Groups (PG)
Wet Marine and Transportation Insurance
NOTICE: ONLY THOSE COMPANIES THAT HAVE WRITTEN WET MARINE AND TRANSPORTATION INSURANCE IN THE UNITED STATES DURING ANY OF THE PAST THREE YEARS ARE REQUIRED TO SUBMIT THIS FORM.
If your company has not written Wet Marine and Transportation Insurance as defined in Title 18, Delaware Code, Section 702 and Section 907, in any of the United States, in any of the past three years, the company is NOT required to file this tax form.
NOTE: ZERO REPORTS ARE NOT REQUIRED. DO NOT SUBMIT ZERO REPORTS.
CY 2012 Quarterly Prepayment Forms
Prior Year Tax Forms for Amendments
Forms for amendments can be obtained by contacting Ann.Fletcher@state.de.us.
Tax and Renewal questions can be directed to Ann Fletcher, Tax & Fees Coordinator at