FSLSO Board of Governors Meeting: October 29
Oct 29, 2008
Today, October 29, 2008, the Florida Office of Insurance Regulation’s (“OIR”) general counsel, Steve Parton, told the Florida Surplus Lines Service Office (“FSLSO”) Board of Governors that the OIR was seriously considering issuing an order to clarify confusion surrounding the recent ruling in Essex v. Zota that implied surplus lines insurers may be required to file forms with OIR. Mr. Parton said that, if issued, OIR’s order would state that surplus lines companies are not required to file forms with the OIR, and the order may also state that the order is intended to clarify existing law.
Earlier in the meeting FSLSO staff reported that several Plaintiffs in Florida lawsuits are citing the ruling in Zota to nullify policy exclusions.
Should you have any questions or comments, please do not hesitate to contact Colodny Fass.
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