Rhode Island ACP:
Rhode Island Annual Contracted Producer Report- Due March 1st
All licensed insurance companies must file an Annual Contracted Producer Report.
To streamline the reporting process, the Department created a spreadsheet template with the requirements for this report. If you require additional rows in the spreadsheet, please feel free to use your own spreadsheet, as long as you are capturing the required information.
THIS SPREADSHEET MUST BE SUBMITTED AND ATTACHED IN OPTINS.
The template can be found directly on the RI Insurance Divisions website at https://dbr.ri.gov/documents/divisions/insurance/ACPR_2020.xlsx and can also be found when you log in to your OPTins account [filing wizard].
The RI Insurance Division also has an ACP Frequently Asked Questions document on their website that you can find here.
Annual Contractor Producer Report
dbr.acpr@dbr.ri.gov
Rhode Island Annual Statement:
Rhode Island Annual Statement Filing Fees Through OPTins– Due April 1st
To continue with our mission of increasing electronic efficiencies, effective 2021 the RI Insurance Division is pleased to announce that payment of Annual Statement Renewal Fees no longer have to be made via mailed check and can now be submitted right through OPTins. As we have done for the last few years, the RI Insurance Division will email the annual statement filing fee instructions and worksheet via the NAIC’s SBS platform to the company’s designee.
Fee Schedule
Accredited Reinsurers – annual renewal fee $100
Approved Reinsurers – annual renewal fee $100
Domestic Insurance Companies – annual renewal fee $225
Risk Retention Group – annual renewal fee $100
Surplus Lines Insurers – annual renewal fee $100
Foreign Insurance Companies – calculate the annual fee using the worksheet included with the invoice
Annual Statement Filing Instructions by company type can be found at the department’s website:
https://dbr.ri.gov/divisions/insurance/foreign.php
Please note: all filings must include a copy of the completed invoice worksheet. The information gathered is instrumental in ensuring our records are current.
Company Licensing Contact:
Debra Almeida (Insurance Examiner)
Rhode Island Company Assessments
NEW IN 2022 ** Actuarial Assessment invoices will be emailed/mailed in Quarter 1 with payment instructions.
Actuarial Assessments Contact:
Sarah Tolentino (Senior Accountant)
Notes:
There are two reports/filings that RI accepts through OPTins. Additional details are below.
- Annual Contracted Producer Report (and applicable fees) – Due March 1st
- Annual Statement Filing Fees – Due April 1st
Annual Contracted Producer Report (and applicable fees) – Due March 1st