OIR approves FSLSO to use excess funds from Citizens' 2006 assessment to satisfy 2007 assessment


On January 25, 2007, the Office of Insurance Regulation (OIR) approved the FSLSO to utilize the excess funds collected from surplus lines insureds in 2006 to satisfy the assessment obligation for Citizens' assessment to be collected in 2007.

Therefore, there will be no Citizens' assessments collected on surplus lines insureds' policies (new and renewals) in 2007. However, please note that endorsements on 2006 policies will still incur the 2006 Citizens assessment of 6.84%.

For further information contact the FSLSO toll-free at 1-800-562-4496 or visit www.fslso.com. To view a copy of FSLSO's Bulletin, please select the following link: FSLSO Bulletin
To view a copy of OIR's Consent Order #88826-07, please select the following link: OIR Consent Order









GET ON BOARD WITH JHA!