Attention Surplus Lines Agents! Be advised the Department of Financial Services (DFS) will be assessing late fees on self-appointments which are not renewed timely. All changes are effective January 18, 2012 at 5:00 p.m. Please see the bullet points below for additional information:
* If a surplus lines agent has an invalid address on file, they will not be able to renew their appointment.
* Surplus lines agents will be assessed a statutory late fee for each appointment submitted late, in addition to the usual appointment fee.
* Email notifications will be sent to the surplus lines agent's MyProfile account, created by DFS 90 days before renewal and again, on the first day of the renewal month.
To avoid costly penalties please review upcoming changes in the DFS agent appointment process.