December 4, 2019 Happening This WeekWe hope you all had an enjoyable and fulfilling Thanksgiving holiday. As 2019 draws to a close, we wanted to remind you FSLSO is here to serve you in any way you need. Service is right there in our name! Call us any time at 800.562.4496, or reach a specific department: Agent & Insurer Services Financial Services Information Technology To reach a specific person, visit FSLSO.com/Contact.
Spotlight On: Navigating the surplus lines insurance industry can be confusing. We understand you may have questions relating to compliance and regulatory activities. We have compiled the most common questions that we hear from customers into a comprehensive list. Our list is broken into the following categories:
If you still can't find the answer, then drop us a line. Send your question to outreach@fslso.com and we will answer it for you. Headlines Surplus Lines Poised for Continued Growth Panelists in a recent webinar said the U.S. surplus lines sector continues to grow faster than the overall property/casualty market, but challenges include careful risk selection and maintaining relationships with brokers and clients. Farewell 2019 Atlantic Hurricane Season: 18 Storms, 6 Hurricanes The season produced 18 named storms, including six hurricanes of which three were “major” (Category 3, 4 or 5). NOAA’s outlook called for 10-17 named storms, 5-9 hurricanes and 2-4 major hurricanes, and accurately predicted the overall activity of the season. Rising Seas Mean Higher Tides, Flooding ‘New Normal’ The East Coast is on pace to see record-breaking tides this year, and tides along the Gulf Coast also are trending higher, said William Sweet, a National Oceanic and Atmospheric Administration oceanographer. Facilitating Compliance Through Innovative Solutions |