The Florida Senate

626.931  Quarterly report.--

(1)  Each surplus lines agent shall on or before the end of the month next following each calendar quarter file with the Florida Surplus Lines Service Office a verified report of all surplus lines insurance transacted by him or her during such calendar quarter.

(2)  The reports and supporting information shall be in a computer-readable format as determined by the department or shall be submitted on forms prescribed by the department and shall show:

(a)  Aggregate gross premiums charged;

(b)  Aggregate of returned premiums and taxes paid to insureds;

(c)  Aggregate of net premiums;

(d)  A listing of all policies, certificates, cover notes, or other forms of confirmation of insurance coverage or any substitutions thereof or endorsements thereto; and

(e)  Additional information as required by the department.

(3)  The report shall include the affidavit of the surplus lines agent, on forms as prescribed and furnished by the department, as to efforts made to place coverages with authorized insurers and the results thereof.

(4)  Each foreign insurer accepting premiums which are subject to taxes and which are described in this section shall, on or before the end of the month following each calendar quarter, file with the Florida Surplus Lines Service Office a verified report of all surplus lines insurance transacted by such insurer for insurance risks located in this state during such calendar quarter.

(5)  Each alien insurer accepting premiums which are subject to taxes and which are described in this section shall, on or before June 30 of each year, file with the Florida Surplus Lines Service Office a verified report of all surplus lines insurance transacted by such insurer for insurance risks located in this state during the preceding calendar year, provided the first such report shall be with respect to calendar year 1994.

(6)  The Insurance Commissioner shall have the authority to waive the filing requirements described in subsections (4) and (5).

(7)  Each insurer's report and supporting information shall be in a computer-readable format as determined by the department or shall be submitted on forms prescribed by the department and shall show for each applicable agent:

(a)  The aggregate gross Florida premiums charged;

(b)  The aggregate of returned Florida premiums;

(c)  The aggregate of net Florida premiums;

(d)  A listing of all policies, certificates, cover notes, or other forms of confirmation of insurance coverage or any substitutions thereof or endorsements thereto and the identifying number; and

(e)  Any additional information required by the department.

History.--s. 370, ch. 59-205; s. 7, ch. 63-86; ss. 13, 35, ch. 69-106; s. 2, ch. 81-318; ss. 313, 318, 807, ch. 82-243; s. 20, ch. 89-360; ss. 205, 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 31, ch. 92-146; s. 308, ch. 97-102; s. 4, ch. 97-196.