FSLSO has issued Bulletin 2012-01, concerning further guidance regarding the filing of multi-state policies in which Florida is deemed to be the "Home State" under the provisions of the Nonadmitted and Reinsurance Reform Act (NRRA).
Previously, the Florida Surplus Lines Service Office (FSLSO) issued Bulletin 2011-03 which provided that Florida licensed surplus lines agents and IPC filers should withhold making their multi-state policy filings bearing an effective date on or after January 1, 2012 until such time that the Surplus Lines Clearinghouse became operational.
On December 20, 2011, in an emergency meeting, the Nonadmitted Insurance Multi-State Agreement (NIMA) participating states determined that it was not feasible for the Surplus Lines Clearinghouse to be fully operational to accept multi-state policy filings for first and second quarter transactions.
Therefore, until such time that the Surplus Lines Clearinghouse is fully operational, Florida surplus lines agents and IPC filers should resume filing Florida home state policies with the FSLSO until further notice.
The FSLSO will provide subsequent filing instructions for multi-state policies as it becomes available. Additional information may be obtained from FSLSO's website at www.fslso.com. If you have any questions, please call our office at (800) 562-4496.