The Wire | November 3, 2026

Transaction Effective Date - For reporting purposes, use the transaction effective date when filing transactions in SLIP+. This is the effective date of the specific transaction being reported (i.e., endorsement, renewal, or cancellation).

When reviewing your policy, be sure to pay close attention to the dates. Typically for endorsements, the policy effective date and transaction effective date are not the same.

If you write a policy effective October 1, and then add an endorsement on October 15, the endorsement would typically be effective on October 15 (the date it was added). If the endorsement needs to be retroactive or have a different effective date, the endorsement must clearly specify that.

In certain cases, such as a new business or renewal, the transaction effective date and the policy effective date will be the same.

Always double-check your dates to ensure accuracy when reporting to FSLSO.