FSLSO Releases 2016 Annual Report

TALLAHASSEE, FL - Florida Surplus Line Service Office (FSLSO) released its 2016 Annual Report today during the 3rd Quarter Board Meeting. The report includes information on the Office’s 2016 achievements, growth, compliance and innovation.

“The Service Office is steadfast when it comes to protecting the surplus lines industry in Florida and its mission to facilitate compliance. The results of these efforts to assist the agent community speak for themselves: out of nearly $5 billion in premium in 2016, 99% of agent premium was reported accurately, and 91% of agent policy transactions were submitted timely,” said 2016 Chairman Keith Driggers.

“Since its inception, FSLSO has been charged with protecting consumers, monitoring marketplace compliance and protecting state revenues. In fact, our Compliance Review and Premium Reconciliation programs discovered over $85 million in unfiled premium in Florida, resulting in more than $2 million in taxes, services fees, assessments and penalties recovered,” said Executive Director Gary Pullen.

To view the 2016 Annual Report, visit Fslso.com and look for Publications.   

About FSLSO: The Florida Surplus Lines Service Office (FSLSO) was established by the Florida Legislature in 1997 and began operations in October of 1998, as constituted under the provisions of Florida Statute 626.921.  Its chief purposes are to protect consumers, monitor marketplace compliance and protect state revenues. For more information regarding FSLSO please email easy@fslso.com or visit www.fslso.com.