The Florida Department of Financial Services, Office of Insurance Regulation has approved a reduction in the service fee charged by the Florida Surplus Lines Service Office from 0.2 percent to 0.1 percent effective April 1, 2007.

All new and renewal policies/certificates with an effective date on or after April 1, 2007 will incur a service fee of 0.1 percent of the total gross premium. All new and renewal policies/certificates with an effective date prior to April 1, 2007 will incur a service fee of 0.2 percent of the total gross premium. The service-fee percentage charged on the premium is based on the effective date of the policy.

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