eNews :: 9.07 sent: 4/2/2007 2:34:19 PM  
An electronic publication to keep you informed, presented by the
Florida Surplus Lines Service Office
Month End/Quarter End Billing
FSLSO will stop importing files today at 4:00 p.m. to begin month-end/quarter-end billing.  Submissions will still be accepted via FTP, but they will not be imported and billed for this month's/quarter's accounting period if not received at that time.

Reminder: New Service Fee Effective April 1, 2007

The FSLSO would like to remind its customers that all new and renewal policies/certificates with an effective date on or after April 1, 2007 will incur a service fee of 0.1% of the total gross premium.  All endorsements, audits, installments, cancellations or return of premium transactions will be the same fee rate as applied at the inception date of the policy/certificate. For more information, please visit
http://www.fslso.com/publications/press/fslso/bulletin-2006-04.pdf

Service Fee Percent
Policies with an effective date on or afterApril 1, 2007 0.1%
Policies with an effective date between April 1, 2006 and March 31, 2007 0.2%
Policies with an effective date between April 1, 2004 and March 31, 2006 0.25%
Policies with an effective date prior to April 1, 2004 0.3%



Reminder: Quarterly Report Affidavit is Due April 30!

The first quarter of 2007 ended on March 31 which means your Quarterly Report Affidavit is due April 30.

Filing your Quarterly Report Affidavit is easier than ever as we have made it available electronically through SLIP.  It’s simple, quick, and efficient! This electronic affidavit does not need to be notarized or mailed to us.

If you choose not to submit it electronically, you may continue to download a copy of the affidavit from the FSLSO website at: http://www.fslso.com/publications/forms/index.aspx

Please note, however, paper copies must be filled out, notarized and mailed to:
FSLSO
1441 Maclay Commerce Dr.
Suite 200
Tallahassee, FL 32312

Should you need assistance, please contact Lisa French at 800-562-4496, ext. 106.


A.M Best Downgrades The Steamship Mututal Underwriting Assocaiation Limited

A.M. Best Co. has downgraded the financial strength rating of The Steamship Mutual Underwriting Association Limited (Steamship London) (United Kingdom) to B++ (Good) from A- (Excellent) and the issuer credit rating to "bbb+" from "a-". The outlook for both ratings is ... To access this press release, please visit:

http://www3.ambest.com/press/rr.asp?refstring=65494649775146496649