The Clearinghouse is a service of the Florida Surplus Lines Service Office (FSLSO), a nonprofit corporation chartered by the Florida State Legislature in 1997.
It serves member states and their brokers and policyholders, to enable simplified compliance with multistate and single state surplus lines filing requirements.
The Clearinghouse was created as a solution to the requirements set forth in the Non-Admitted Reinsurance Reform Act (NRRA), which was part of the Dodd-Frank Wall Street
Reform legislation passed in 2010. A coalition of states known as the Non-Admitted Insurance Multi-State Agreement (NIMA) was formed to create uniform reporting standards
and share taxes among participating states based on the location of the risk. In 2016, the NIMA states came to the determination that the tax sharing agreement would come to an end. As a result,
the Clearinghouse will accept filings during the transition period of phasing out the NIMA states. Tennessee, South Dakota and Wyoming have
made the decision to continue to use the single state filing platform for all policies data.
The Clearinghouse will continue to directly serve all member states by automatically accounting for all
payments received by the quarterly deadline, calculating the totals due to each state, and detailing the transfer amounts necessary among states to complete an accurate
distribution of surplus lines taxes and fees.
Brokers and policyholders file policies using our state-of-the-art online filing system, the Surplus Lines Information Portal (SLIP).
The system is designed to quickly, accurately, and reliably calculate all applicable taxes and assessments. For state regulators, the Clearinghouse offers the assurance that all tax
calculations and distributions among the member states are accurate, verifiable, and reliable.