FAQs
What are highly protected risks?
Why does my Billing Report not match my Transaction Report?
The Transaction Report provides a snapshot of the transactions reported during a selected time frame. The Billing Report lists all of the transactions, penalties, and correction records included in the quarterly tax invoice.
The Transaction Report does not include the following information, which can cause a difference in the report totals:
- Penalties from Premium Reconciliation or Production Ledger Review that were assessed on identified unfiled transactions, and
- Any corrections made to transactions filed in a previous quarter.
Who do I contact if I have additional questions about compliance review?
If you have additional questions regarding compliance review, please contact:
Felicia Meredith
800-562-4496, ext. 105
fmeredith@fslso.com
What are the rules regarding policy extensions and how long/often can they be extended before they need to be filed as a renewal?
For example, if the original policy term is January 1, 2018, through January 1, 2019, and an endorsement is issued that extends the policy expiration to January 1, 2020. You should file the extension endorsement as a renewal transaction in SLIP with an effective date of January 1, 2019, and an expiration date of January 1, 2020.
The only exception is when the endorsement is an extended reporting period (ERP) endorsement, also known as "tail coverage." These endorsements are typically associated with claims-made liability policies. When submitting ERP endorsements in SLIP, please file the endorsement within the original policy term and do not extend the expiration date.
Who do I contact if I have additional questions about Eligibility to Export/Diligent Effort?
How do I add more than one coverage code for a policy?
Do policies covering amenities, such as a clubhouse belonging to a homeowner’s association (HOA) or condominium association, require a diligent effort?
How do I make a correction to a transaction in SLIP?
To edit data on a previously filed transaction, follow the instructions below.
- Select Search Policy from the Policy tab.
- Enter the previously filed policy number or other search criteria in the appropriate field(s) and click Search.
- Select the View link.
- In the Transaction Details section, click the Edit button next to the confirmation number for the applicable transaction, which will take you to the Coverage and Transaction Details page.
- Click the Edit button at the bottom right to make the necessary changes.
- Click the Submit button.
- A System Warning window will display advising the edit is going to create a backout transaction, select OK to proceed.
- A Task Accomplished window will display, select OK to proceed.
How do I make a policy-level correction?
To edit policy information on a previously reported policy, follow the instructions below.
- Select Search Policy from the Policy tab.
- Enter the previously filed policy number or other search criteria in the applicable field(s) and click Search.
- Select the View link.
- In the Policy Information section, click the Edit button and make the necessary changes.
- Click the Save button.
- A Task Accomplished window will display, select OK.
Policy-level changes will not result in automatic backouts.
How do I update my contact information in SLIP?
When filing a multistate policy in SLIP, is the Service Office fee applied to the total gross premium or just the Florida allocated premium?
What should I do if the insurance company writing the coverage is not listed in the dropdown box on the Transaction Information screen?
If you do not find the insurer on the Available Insurers List, please contact our office at 800.562.4496, option 2.
Am I required to file non-premium bearing ($0.00) endorsements?
How do I file a master policy in SLIP?
What effective date should I use when filing an audit endorsement in SLIP?
Who do I contact if I have additional questions about filing?