SLIP+ Coming Soon

Launching Monday, October 7, 2024, SLIP+ offers a streamlined user experience with enhanced features and advanced functionality designed to make filing surplus lines information and taxes easier than ever.

But don't worry—you can still file in SLIP for a limited time.

To ensure a smooth transition, our current version of SLIP will operate alongside the new SLIP+ platform for a trial period, allowing you to familiarize yourself with the new platform while maintaining access to the legacy version. Information will be synchronized between the two systems during this concurrent operation.

For more information on SLIP+, please visit our dedicated webpage at www.fslso.com/slipplus

Florida Office of Insurance Regulation: Hurricane Helene Emergency Order

The Florida Office of Insurance Regulation (OIR) has issued an emergency order extending grace periods and limiting cancellations and nonrenewals.

The order applies to all insurers in the state and policyholders in Alachua, Charlotte, Citrus, Columbia, Dixie, Gadsden, Gilchrist, Gulf, Franklin, Hamilton, Hernando, Hillsborough, Jefferson, Lafayette, Lee, Leon, Levy, Liberty, Madison, Manatee, Pasco, Pinellas, Sarasota, Suwannee, Taylor, and Wakulla counties. The order:

• Extends grace periods for any policy, provision, notice, correspondence, or law that imposes a time limit upon an insured to perform any act until November 26, 2024. 

• Prohibits the cancellation or nonrenewal of a policy in an impacted area, except at the written request of the policyholder, until November 26, 2024. 

• Prohibits the cancellation or nonrenewal of a personal residential or commercial residential property insurance policy covering a property repaired as a result of damage from Hurricane Helene for a period of 90 days after it has been repaired. 

• Directs insurers, surplus lines, and other regulated entities to implement processes and procedures to facilitate the efficient payment of claims.

Floridians seeking assistance with insurance-related questions should contact the Department of Financial Services Consumer Services either by visiting their website or by contacting the DFS Consumer Services Assistance Line at 1-877-693-5236. The line is open Monday through Friday from 8:00 a.m. to 4:30 p.m.

Third-Quarter Invoices Coming Soon

FSLSO will be processing invoices for the third quarter on October 1. To prepare, we recommend reviewing your SLIP account to ensure everything is in order and filed by today, September 30.

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.

Check Payments

The mailing addresses for those paying by check have changed.

ACH Payments

For those paying electronically via ACH, the company IDs have changed.

Please update your records accordingly.

HEADLINES

Chief Financial Officer (CFO) Jimmy Patronis issued a directive, which bolsters his anti-fraud fighting teams in the affected counties following Hurricane Helene. 

In response to Hurricane Helene, the Department of Financial Services (DFS) reminds all insureds and industry licensees of certain rights and obligations that arise during a declared state of emergency.

www.fslso.com

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