March 25, 2024

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Limited Seats Left at Orlando
Customer Forum +2 Hour CE

Don't miss out on FSLSO’s March Customer Forum!

This is your chance to dive deep into market insights, compliance updates, and the latest legislation affecting your industry. Enjoy a complimentary lunch while networking with fellow agents and agency staff. Following lunch, attendees can sharpen their skills with a free CE class led by industry expert Kevin C. Amrhein.

Details:

WHEN: Thursday, March 28
WHERE: Hilton Orlando/Altamonte Springs | 350 Northlake Blvd., Altamonte Springs, FL

Agenda:

  • 12:00-1:00: Lunch and discussion session
  • 1:00-3:00: CE Course “Broke as a Joke: Diagnosing & Repairing Busted Commercial Property Coverage” | 2 hours CE Credit | FLDFS Course ID Number: 128914
Space is limited, so secure your spot now by RSVPing to Felicia Meredith at fmeredith@fslso.com.

First-Quarter Invoices Coming Soon

FSLSO will be processing invoices for the first quarter on April 1. To prepare, we recommend reviewing your SLIP account to ensure everything is in order and filed by March 31. 

Verify your billing contact is the correct person and review your files to ensure all your transactions were submitted accurately. If you have any outstanding TIQs, now is an excellent time to resolve them. 

 

PRO TIP: Run a Transaction Report and TIQ Report. Use the Reports tab and click Generate Reports. 

Select Transaction or Transactions in Question from the drop-down menu. 

  • Select the appropriate date period. 

  • Click Print. 

  • The report will download to your computer. 

Don’t forget to consult your Compliance Checkup dashboard for other unresolved issues. 

FSLSO Engages in Industry Events Nationwide

Recently, FSLSO's leaders attended key industry events, enriching their knowledge and connections.

In Phoenix, FSLSO leadership participated in the WSIA Underwriting Summit, joining segments like underwriting and financial lines for networking and business meetings. Simultaneously, our IT team gained insights into cybersecurity at KnowBe4's conference in Orlando.

Additionally, FSLSO was represented at the Florida Insurance Market Summit in Orlando and the NAIC Spring National Meeting in Phoenix. 

Meanwhile, our SLAS Client Services team visited the NCSLA conference in Greensboro, NC, reinforcing FSLSO's commitment to enhancing services and partnerships. Stay tuned for more updates on FSLSO's industry engagement.

Industry Headlines

Corner Turned? Top Florida Insurers See First Profit in Seven Years, S&P Global Says

Florida’s beleaguered property insurance market is starting to look normal again, with the top insurers in the state showing a collective profit for the first time in seven years, S&P Global Market Intelligence reported this week.

 

The Future of Insurance Agencies

There is a traditional proclamation made following the accession of a new monarch in various countries that simultaneously announces the death of the previous monarch and asserts continuity by saluting the new monarch. “The king is dead; long live the king!” This seemingly contradictory phrase can well apply to the independent insurance agency.

 

Senate Committee Frustrated by Citizens Insurance Dodging Questions After Gov. DeSantis Says Company ‘Not Solvent’ 

A U.S. Senate committee chair is criticizing Florida's insurer of last resort for not responding to questions about its financial footing, amid concerns that the state may lean on the federal government to bail out the insurance market after a major hurricane.

 
 

Insurance Industry Must Be Proactive as GenAI Reshapes Cyber Landscape: Lloyd’s 

A new report from Lloyd’s of London explores how the rapid evolution of GenAI is reshaping the cyber landscape, ultimately requiring businesses to bolster their resilience to ever-changing threats.

www.fslso.com

Have questions? Contact us at 800.562.4496, option 1 or email Agent.Services@fslso.com.

 

Florida Surplus Lines Service Office
800.562.4496

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