Electronic Filing

Related Information

EFS New Features

Refer to the Procedures and Electronic Filing User Manual for a complete description of the PSLA Electronic Filing System (EFS), the on-line help system for specific information, the frequently asked questions for general information, and the new features frequently asked questions for additional information on new features.

Electronic Filing System Release 3.0 includes the following changes.

Multi-state Risk: This is a required field that identifies whether the policy covers insured exposures in more than one state or territory.

  • Select the “Yes” radio button if the policy covers risks in the Commonwealth of Pennsylvania plus one or more other state or territory creating a multi-state placement.
  • Select the “No” radio button if the policy only covers risks in the Commonwealth of Pennsylvania.

Policy Premium: This is a new required field that represents the policy premium for the Eligible Insurer(s).

  • If the policy has multiple Eligible Insurers, the Policy Premium for each must be listed.
  • If the policy has Ineligible Insurers (Form 1606-A), the Policy Premium for each must be listed.
  • If the policy covers risks outside of the United States, only enter the premium associated with the risks within the United States and territories.

PA Premium: This is an existing field that was previously labeled “Premium”. It continues to represent the premium associated with the portion of risk located in the Commonwealth of Pennsylvania for the Eligible Insurer.

  • If the policy only covers risks in the Commonwealth of Pennsylvania then “PA Premium” will be the same as “Policy Premium”.

Revenue Recognition Date: This a new required field and it represents the date in which premium revenue is recognized from a surplus lines premium tax reporting perspective.

  • Please consult your agency’s tax advisor if you have questions.

Tax: This is an existing field that is automatically calculated based on your entered data. Prior to EFS Release 3.0 the calculation was 3% of the total PA Premium. Starting with EFS Release 3.0 the calculation is:

  • 3% of the total “PA Premium” if the policy effective date is before 7/1/2011.
  • 3% of the total “Policy Premium” if the policy effective date is after 6/30/2011.
  • Note: if the policy is a multi-state placement where Pennsylvania is deemed the home state as defined and the policy effective date is after 6/30/2011, the tax is calculated as 3% of the total “Policy Premium”.