Category: Surplus Lines
Mar 1, 2013
The FSLSO has scheduled a continuing education series beginning in April 2013 that will take an in-depth look into the forces shaping Florida’s surplus lines market, including marketplace trends, regulatory issues and disciplinary actions. The class is free for …
Jan 17, 2013
Former Florida Insurance Commissioner Tom Gallagher will be featured in a Webinar on the legality of excessive surplus lines policy fees on January 24. Former Florida Insurance Commissioner Tom Gallagher will discuss the legality of excessive fees on Florida …
Dec 20, 2012
The Florida Surplus Lines Service Office (“FSLSO”) announced today, December 20, 2012, that its service fee will increase from 0.1 percent to 0.2 percent, effective April 1, 2013. The service fee is applicable only to single-state Florida policies. The …
Dec 5, 2012
The Florida Surplus Lines Service Office (“FSLSO”) Board of Governors Executive Committee met yesterday, December 4, 2012, to discuss a Single State Contract (“Contract”) and Statement of Work that has been agreed upon with South Dakota. South Dakota has adopted the …
Oct 25, 2012
The Board of Governors (“Board”) of the Florida Surplus Lines Service Office (“FSLSO”) met yesterday, Wednesday, October 24, 2012. The meeting was called to order by the Chairman David Holcombe. FSLSO Executive Director Gary Pullen reviewed the proposed budget, …
Oct 23, 2012
The Florida Surplus Lines Service Office (“FSLSO”) Budget Committee (“Committee”) met today, October 23, 2012, to discuss the proposed FSLSO budget for 2013. FSLSO Executive Director Gary Pullen reviewed the proposed budget, which totals $6.8 million–a 17 percent …
Oct 1, 2012
The Non-Admitted Insurance Multi-State Agreement (NIMA) Surplus Lines Clearinghouse announced today, October 1, 2012, that Phase II of its filing platform is now “in production.” Phase II includes customer invoicing, additional reporting tools and an electronic payment portal for …
Sep 24, 2012
The Non-Admitted Insurance Multi-State Agreement (NIMA) Surplus Lines Clearinghouse announced today, September 24, 2012, that it is beginning the Phase II release of its filing platform, which includes customer invoicing, additional reporting tools and an electronic payment portal for …
Sep 12, 2012
By Crady deGolian A California court ruling is being hailed as a significant victory for states and the interstate compact mechanism. At issue in the case of The Gillette Company v. The Franchise Tax Board was California’s method of …
Aug 1, 2012
The Florida Surplus Lines Service Office (“FSLSO”) Board of Governors met in St. Petersburg, Florida on July 25, 2012. After Chairman David Holcombe called the meeting to order, the minutes of the FSLSO’s April 16, 2012 Audit Committee and …