August 12, 2024
FSLA Convention Recap
FSLSO attended the Florida Surplus Lines Association (FSLA) Annual Convention in Tampa, Florida August 7-9.
The convention provided an opportunity for FSLSO to engage with its members, gaining insights into their operations and exploring ways to enhance support within the industry.
During the convention, FSLA announced the launch of the Florida Surplus Lines Speaker Series, a new collaborative initiative between FSLA, FSLSO, and the Florida State University RMI Program.
The Florida Surplus Lines Speaker Series collaboration aims to enhance education and awareness in the surplus lines sector. The series will feature events twice a year, in both fall and spring, to engage with students and industry professionals.
FSLSO Executive Director Mark Shealy delivered an overview of Florida’s surplus lines market, comparing the admitted and nonadmitted markets at both national and state levels over the past five years. His presentation focused on past trends and included premium and policy count forecasts for the top 20 lines of business for the close of 2024.
The convention also provided invaluable opportunities for two FSLSO interns who received full hands-on experience. Summer intern Dawson Corwin capped off his FSLSO experience at this event, while fall intern Zakaria Zakaria attended the convention just weeks before starting his internship with FSLSO.
There is no better experience for these future leaders than meeting the people who drive the industry.
Congratulations to FSLA on a successful 2024 convention, showcasing the strength and community of Florida's surplus lines industry.
FSLSO Recognized as #1 Best Small Company to Work for in Florida
FSLSO is thrilled to announce that it has been recognized as the #1 Best Small Company to Work For in Florida by Florida Trend magazine. This honor marks the second time FSLSO has been acknowledged as one of the Best Companies to Work For in Florida, underscoring our commitment to creating an exceptional work environment.
At FSLSO, we are committed to fostering a rewarding work environment for our dedicated staff through collaboration, gratitude, and stewardship.
This recognition reflects our ongoing efforts to support and engage our team.
FSLSO On the Road: LAAIA Convention
August 21-24: LAAIA Annual Convention
FSLSO will be back on the road attending the Latin American Association of Insurance Agencies (LAAIA) 54th Annual Convention, themed “The Power of Partnership,” in Marco Island, Florida, August 21-24.
We invite attendees to drop by booth 76 in the exhibit hall for compliance questions and coffee talk on surplus lines insurance. We will be serving up espressos, iced coffees, and cortaditos, so stop by for a refreshing beverage while you chat with our team.
FSLSO Executive Director Mark Shealy will participate in one of two panel discussions on August 21 from 5:00 to 7:00 PM, where he will discuss Florida’s surplus lines market.
We look forward to connecting with industry professionals and sharing valuable information during this key event.
Next FSLSO Customer Forum in Hollywood, Florida
September 11: Customer Forum
Our fall customer forum will be held on Wednesday, September 11, in Hollywood, Florida.
FSLSO’s Customer Forums provide a platform for staff to discuss industry trends, share insights, and address common challenges in the surplus lines market.
Through presentations, panel discussions, and interactive sessions, attendees can gain valuable information and updates on regulatory changes, market conditions, and best practices while also networking with peers in the industry.
10:00 AM – 2:00 PM
Seminole Hard Rock Hotel
1 Seminole Way
Hollywood, FL 33314
Lunch will be provided. This event is free.
HEADLINES
The Florida Office of Insurance Regulation (OIR) is providing notice to insurers to file a Simplified 2024 Catastrophe Reporting Form (CRF) through the Insurance Regulation Filing System (IRFS).
Governor DeSantis, alongside Florida Division of Emergency Management (FDEM) Executive Director Kevin Guthrie, visited areas impacted by Hurricane Debby.
You may want to keep a close eye on your mailbox this month. Hundreds of thousands of Florida residents are expected to receive a letter warning they’ll be getting a new home insurance company.
Sen. Rick Scott (R-Fla.) introduced a bill Wednesday that would provide homeowners a tax deduction on home insurance premiums.
www.fslso.com
Have questions? Contact us at 800.562.4496, option 1 or email agent.services@fslso.com.
