The Florida surplus lines tax charged by the Florida Department of Financial Services (DFS) decreased from 5.0% to 4.94% effective July 1, 2020. The reduction applies to all new and renewal policies with an effective date on or after July 1, 2020. The tax applies to the total gross premium as defined in Florida Statute […]
The Florida Surplus Lines Service Office (FSLSO) has informed surplus lines agents, surplus lines insurers and filers of independently procured coverage that the FSLSO service fee will drop from 0.175% to 0.15% effective April 1, 2016. The fee reduction will apply to all new and renewal policies/certificates with effective dates on or after April 1, […]