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September 30, 2026
Policy Fees: Charging and Filing Requirements
Policy fees can become complex when multiple parties are involved in the placement of surplus lines coverage. If you have questions or would like assistance, please do not hesitate to contact our staff.
Quick Reminders:
- Pursuant to Florida Statute 626.916, only the filing surplus lines agent and the retail/producing agent with a direct relationship to the insured may charge a reasonable per-policy fee. A separate broker or agency fee may not be charged for the policy.
- The filing surplus lines agent’s policy fee may be charged only once per policy term, even when more than one agent participates in the placement.
To Remain Compliant, Policy Fees Must Be:
- Reasonable
- Itemized separately to the insured before purchase
- Enumerated in the policy (for the filing surplus lines agent policy fee only)
Don’t Forget:
When submitting a transaction in FSLSO SLIP+, the filing surplus lines agent policy fee must be reported in the Surplus Lines Agent Policy Fee field and should not be included in the Premium field.
Amounts that should be entered in the Premium field include charges such as membership, survey, inspection, service, and similar fees associated with the insurance contract, but excludes the surplus lines agent policy fee, FSLSO service fee, taxes, and assessments. Surplus lines agent fees must be included in the calculation of the surplus lines premium tax.
Proper disclosure and accurate reporting of policy fees help ensure compliance and reduce common filing errors. For complete requirements, you can refer to Florida Statute 626.916 and the Agent Procedures Manual.
Action Required: MFA Will Be Mandatory
Starting January 1, 2027
To better protect your account and the sensitive information in SLIP+, Multi-Factor Authentication (MFA) will be required for all SLIP+ users beginning January 1, 2027.
MFA adds a second step of security when you log in. After you enter your password, you'll confirm it's really you with a code sent by text message (SMS), email, or one generated by an authenticator app. So even if someone gets your password, they still can't get into your account without that crucial second step. MFA is currently available in SLIP+, and we encourage you to set it up before the deadline.
Why Set It Up Now?
- Avoid login interruptions: Starting January 1, users who have not enabled MFA will be prompted to set it up before they can reach SLIP+.
- Stay ahead of year-end deadlines: Setting up MFA now means one less thing to deal with during a busy filing season.
- Protect your agency: MFA is one of the most effective ways to prevent unauthorized access to your account.
To enable MFA in SLIP+, simply log in and follow the MFA prompts.
If you have questions or need help, contact us at agent.services@fslso.com or call 800.562.4496, option 1.
2026 SLICE Course Reminder
The Surplus Lines Information & Compliance Education or SLICE course is a free online resource designed to help Florida surplus lines agents and filers strengthen their knowledge of state rules, filing requirements, and compliance responsibilities.
Designed for both new and experienced agents and filers, the 2026 SLICE course offers SLIP+ tutorials, practical guidance, compliance insights, and best practices to support accurate and efficient filings.
Why Enroll in SLICE?
Participants can benefit from:
- Comprehensive compliance education focused on Florida surplus lines regulations.
- SLIP+ filing assistance and guidance to help better understand reporting requirements.
- Practical instruction on procedures and filing best practices.
- Convenient online learning that can be completed at the learner’s pace.
- No cost to attend—the course is available free of charge to all registrants.
Connect, Learn, and Earn CE Credit in Miami
FSLSO on Tour is headed to sunny Miami this fall, and we’re bringing an afternoon packed with industry insight, professional networking, and continuing education opportunities. Join us October 14th at The Capital Grille in Brickell to meet the FSLSO team, stay current on surplus lines updates, and engage with fellow South Florida agents.
In addition to earning two hours of Florida-approved CE credit and enjoying a complimentary lunch, attendees will have the opportunity to hear from and speak with instructor Valdir Serra of Lloyd’s. As Market Development Executive, Americas, and Head of the Caribbean at Lloyd’s, Valdir works closely with stakeholders throughout the region and will share a valuable perspective on the Lloyd’s marketplace and its evolving role within the surplus lines industry.
Surplus Lines CE Presentation Begins: 11:00 AM (EST)
- Provider: Florida Surplus Lines Service Office
- Provider ID Number: 363306
- Course Name: Florida Surplus Lines: Everything You Need to Know About This Dynamic Market
- Course ID Number: 135624
- Number of Hours Approved: 1
- “This course has been approved by the Florida Department of Financial Services for insurance continuing education credit.”
Kevin Amrhein CE Presentation Begins: 12:30 PM (EST)
- Provider: Florida Insurance School Continuing Education
- Provider ID Number: 848
- Course Name: Weird Personal Lines Rental Exposures
- Course ID Number: 135751
- Number of Hours Approved: 1
- “This course has been approved by the Florida Department of Financial Services for insurance continuing education credit.”
AM Best Updates Two Company Ratings
AM Best has updated the ratings for two companies. Prime Insurance Company received decreased ratings, while Aspen Specialty Insurance Company received increased ratings.
Prime Insurance Company - Read the Article
- Financial Strength Rating (FSR) decreased from A- to B
- Long-Term Issuer Credit Rating (Long-Term ICRs) decreased from a- to bb+
Aspen Specialty Insurance Company - Read the Article
- Financial Strength Rating (FSR) increased from A to A+
- Long-Term Issuer Credit Rating (Long-Term ICRs) increased from a to aa-
www.fslso.com
Have questions? Contact us at 800.562.4496, option 1 or email agent.services@fslso.com.
