News from the Surplus Lines Industry and InsCipher
Please be advised of the following notice from the Georgia Office of Insurance and Safety Fire Commissioner (GA OCI) regarding the Florida Surplus Lines Service Office (FSLSO). The FSLSO SLIP+ team will begin conducting compliance reviews to ensure adherence to applicable surplus lines regulations and reporting requirements:
Beginning in October 2025, the Florida Surplus Lines Service Office (FSLSO) SLIP+ team will begin conducting compliance reviews of Georgia-licensed surplus lines brokers on behalf of the Georgia Department of Insurance, Office of Insurance and Safety Fire Commissioner (GA OCI). The purpose of this program is to ensure brokers are meeting statutory requirements for policy filing and tax remittance, while also providing educational assistance to strengthen compliance practices across the Georgia surplus lines market. Compliance reviews will verify that:
Reviews may be conducted on-site at the broker’s office or as a remote (desk) audit, depending on circumstances and mutual agreement.
Brokers selected for review will receive advance notice and detailed instructions to prepare the required records.
Compliance reviews may be scheduled on a routine basis, at random, or as a result of identified reporting discrepancies.
In many cases, reviews result in either no findings or minor corrections. However, significant non-compliance may be referred to GA OCI for further action.
For additional information on the process, preparations, and requirements, please refer to the following BULLETIN 25-EX-03 - IMPLEMENTATION OF NEW COMPLIANCE REVIEW PROGRAM.
You may also visit SLIP+ Compliance Review for additional information.
Georgia OCI
2 Martin Luther King, Jr. Drive
West Tower, Suite 702
Atlanta, GA 30334 404.656.7553 • Office