What document must be filed by a producer regarding surplus lines insurance by April 15?

The requirement for producers to file a production report regarding surplus lines insurance by April 15 is rooted in regulatory practices that ensure accurate tracking of surplus lines transactions. This report typically details the premiums collected, the policies written, and other relevant data about surplus lines business conducted by the producer over the past year. The importance of this deadline is to provide state regulators with crucial information that helps in monitoring market activity and ensuring compliance with surplus lines laws.

While other reports, such as an annual financial statement, client satisfaction report, and market analysis report, serve important purposes, they do not specifically fulfill the regulatory obligation imposed on producers concerning surplus lines insurance by the set deadline of April 15. The production report is uniquely focused on capturing the details of surplus lines activity, making it the appropriate document that must be filed by this date.