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FSLSO Service Fee to Decrease Effective April 1, 2014

Pursuant to FSLSO Bulletin 2013-01, the service fee charged by the Florida Surplus Lines Service Office (FSLSO) will be decreased from 0.2% to 0.175% effective April 1, 2014.

All new and renewal policies/certificates with an effective date on or after April 1, 2014 will incur a service fee of 0.175% of the total gross premium as defined in Florida Statute 626.9325. All new and renewal policies/certificates with an effective date prior to April 1, 2014 will incur a service fee of 0.2% of the total gross premium. The service fee percentage charged on the premium is based on the effective date of the policy. The FSLSO service fee is applicable to single state Florida policies only.

The service fee for all endorsements, audits, installments, cancellations or return of premium transactions applicable to policies/certificates effective prior to 04/01/2014 will be the same percentage as the inception date of the policy/certificate being endorsed.