Category: Surplus Lines

  The Florida Surplus Lines Service Office (“FSLSO”) issued a Bulletin on May 4, 2012 to provide guidance on the filing of multi-state surplus lines policies issued or renewed on or after July 1, 2012, once the Nonadmitted Insurance Multi-State …

Representatives from Mississippi, Connecticut and Alaska have confirmed that their states are withdrawing from the Non-Admitted Insurance Multi-State Agreement (NIMA), it was reported today, May 4, 2012, by National Underwriter’s PropertyCasualty360.com. The information was verified by a Florida Office of …

  At its meeting yesterday, April 16, 2012, the Florida Surplus Lines Service Office (“FSLSO”) Board of Governors (“Board”) approved the License and Service Agreements for its Surplus Lines Clearinghouse (“Clearinghouse”), which will ultimately collect and distribute premium taxes pursuant …

  At its meeting yesterday, April 16, 2012, the Florida Surplus Lines Service Office (“FSLSO”) Board of Governors (“Board”) approved the License and Service Agreements for its Surplus Lines Clearinghouse (“Clearinghouse”), which will ultimately collect and distribute premium taxes pursuant …

  Discussion on 2012 organizational objectives was the main focus of the Florida Surplus Lines Service Office (“FSLSO”) Board of Governors’ (“Board”) meeting yesterday, January 23.  FSLSO Executive Director Gary Pullen advised the Board that the Non-Admitted Insurance Multi-State Agreement …

  The following notice was issued by Nebraska Insurance Department Director Bruce R. Ramge announcing Nebraska’s March withdrawal from the Nonadmitted Insurance Multistate Agreement: On January 4, 2012, the Nebraska Department of Insurance notified Mississippi Insurance Commissioner Mike Chaney, chairman …

  Questions arose about the scope and feasibility of operating the proposed Non-Admitted Insurance Multi-State Agreement (“NIMA”) Clearinghouse yesterday, November 29, 2011, when the Florida Surplus Lines Service Office (“FSLSO”) Board of Governors (“Board”) met to review a draft 2011 …

  A routine meeting of the Florida Surplus Lines Service Office (“FSLSO”) National Clearinghouse Committee (“Committee”) yesterday, November 8, 2011, turned into an awkward exchange punctuated by long silences when one Committee member disputed the hiring of new employees to …

  The Florida Surplus Lines Service Office (“FSLSO”) National Clearinghouse Committee (“Committee”) voted today, November 1, 2011, to spend up to $520,000 in start-up costs to meet a January deadline to create a surplus lines premium tax Clearinghouse, even though no …

  The Florida Surplus Lines Service Office (“FSLSO”) Compensation Committee (“Committee”) met yesterday, October 26, 2011.  Chairman Dan O’Leary, who called the meeting to order, stated that he requested it because discussions during the FSLSO’s Budget Committee meeting had been …