(1) Each surplus lines agent that has transacted business during a calendar quarter shall on or before the 45th day following the calendar quarter file with the Florida Surplus Lines Service Office an affidavit, on forms as prescribed and furnished by the Florida Surplus Lines Service Office, stating that all surplus lines insurance transacted by him or her during such calendar quarter has been submitted to the Florida Surplus Lines Service Office as required.
(2) The affidavit of the surplus lines agent shall include efforts made to place coverages with authorized insurers and the results thereof.
(3) Each foreign insurer accepting premiums shall, on or before the end of the month following each calendar quarter, file with the Florida Surplus Lines Service Office a verified report of all surplus lines insurance transacted by such insurer for insurance risks located in this state during such calendar quarter.
(4) Each alien insurer accepting premiums shall, on or before June 30 of each year, file with the Florida Surplus Lines Service Office a verified report of all surplus lines insurance transacted by such insurer for insurance risks located in this state during the preceding calendar year.
(5) The department may waive the filing requirements described in subsections (3) and (4).
(6) Each insurer’s report and supporting information shall be in a computer-readable format as determined by the Florida Surplus Lines Service Office or shall be submitted on forms prescribed by the Florida Surplus Lines Service Office and shall show for each applicable agent:
(a) A listing of all policies, certificates, cover notes, or other forms of confirmation of insurance coverage or any substitutions thereof or endorsements thereto and the identifying number; and
(b) Any additional information required by the department or Florida Surplus Lines Service Office.
History.—s. 370, ch. 59-205; s. 7, ch. 63-86; ss. 13, 35, ch. 69-106; s. 2, ch. 81-318; ss. 313, 318, 807, ch. 82-243; s. 20, ch. 89-360; ss. 205, 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 31, ch. 92-146; s. 308, ch. 97-102; s. 4, ch. 97-196; s. 6, ch. 2001-213; s. 1021, ch. 2003-261; s. 1, ch. 2011-46; s. 16, ch. 2016-132.
Structure Florida Statutes
Chapter 626 - Insurance Field Representatives and Operations
Part VIII - Unauthorized Insurers and Surplus Lines (Ss. 626.901-626.939)
626.901 - Representing or aiding unauthorized insurer prohibited.
626.902 - Penalty for representing unauthorized insurer.
626.903 - Suits by unauthorized insurers prohibited.
626.904 - Unauthorized Insurers Process Law; short title; interpretation.
626.905 - Purpose of Unauthorized Insurers Process Law.
626.906 - Acts constituting Chief Financial Officer as process agent.
626.907 - Service of process; judgment by default.
626.909 - Jurisdiction of office and department; service of process on Secretary of State.
626.912 - Exemptions from ss. 626.904-626.911.
626.913 - Surplus Lines Law; short title; purposes.
626.915 - Surplus lines insurance authorized.
626.916 - Eligibility for export.
626.917 - Eligibility for export; wet marine and transportation, aviation risks.
626.918 - Eligible surplus lines insurers.
626.919 - Withdrawal of eligibility; surplus lines insurer.
626.9201 - Notice of cancellation or nonrenewal.
626.9202 - Loss run statements for all lines of insurance.
626.921 - Florida Surplus Lines Service Office.
626.922 - Evidence of the insurance; changes; penalty.
626.923 - Filing copy of policy or certificate.
626.924 - Information required on contract.
626.925 - Surplus lines insurance valid.
626.926 - Liability of insurer as to losses and unearned premiums.
626.927 - Licensing of surplus lines agent.
626.9271 - Temporary license; death, disability, absence of surplus lines agent.
626.9272 - Licensing of nonresident surplus lines agents.
626.929 - Origination, acceptance, placement of surplus lines business.
626.9295 - Corporations, liability of agent.
626.930 - Records of surplus lines agent.
626.931 - Agent affidavit and insurer reporting requirements.
626.933 - Collection of tax and service fee.
626.934 - Accounting for funds; contingent commissions.
626.935 - Suspension, revocation, or refusal of surplus lines agent’s license.
626.936 - Failure to file reports or pay tax or service fee; administrative penalty.
626.9361 - Failure to file report; administrative penalty.
626.937 - Actions against insurer; service of process.
626.9371 - Payment of premiums and claims.
626.9372 - Disclosure statement of certain information required; liability claims.
626.9374 - Liability of insureds; deductible and coinsurance.
626.938 - Report and tax of independently procured coverages.