Compliance FAQs
If the insurer on the policy is not available in the drop-down menu, they may be added by selecting the Edit Insurer List link below the drop-down. Once you find the insurer on the Available Insurers list, click the “>” to add it to the Selected Insurers list. Then click Save.
No. Non-premium-bearing transactions are not required to be filed with our office. Florida regulations require all premium-bearing policy transactions placed with an eligible surplus lines insurer, taxable or non-taxable, to be electronically submitted to the FSLSO within 30 days from the effective date of the transaction.
For single state policies, you can submit a new business or renewal transaction with zero premium and the original effective date of the policy. SLIP does not allow a multistate transaction to be filed with zero premium/policy fees except for cancellation transactions.
To add a new business or renewal multistate transaction for a master policy, you must file the policy once there is a premium-bearing transaction/endorsement. For the first premium-bearing transaction on the policy, use the original effective date of the policy. For the remaining endorsements, use the effective date of the endorsement.
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