Florida Surplus Lines Service fee to increase April 1st

FSLSO SERVICE FEE TO INCREASE FROM 0.1% TO 0.2%

The service fee charged by the Florida Surplus Lines Service Office (FSLSO) will be increased from 0.1% to 0.2% effective April 1, 2013.

All new and renewal policies/certificates with an effective date on or after April 1, 2013 will incur a service fee of 0.2% 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, 2013 will incur a service fee of 0.1% 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.

Please visit the FSLSO website for complete details: http://www.fslso.com/publications/news.aspx?ID=521

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