What act led to the creation of the FSLSO?

Prepare for the Florida Surplus Lines Insurance Exam. Use flashcards and multiple choice questions with hints and explanations. Set yourself up for success!

The creation of the Florida Surplus Lines Service Office (FSLSO) is indeed linked to the Dana-Roehrig Act. This legislation was implemented to establish a systematic approach to regulating surplus lines insurance in Florida. The act specifically aimed to streamline the surplus lines process, making it more efficient and transparent for consumers and insurers alike. By implementing guidelines and establishing the FSLSO, the Dana-Roehrig Act provided the necessary framework for improving market practices and oversight of surplus lines insurance transactions.

Options that reference acts related to insurance reform do exist, but they focus on different areas or states of insurance regulation and may not specifically pertain to the establishment of the FSLSO in Florida. Thus, the Dana-Roehrig Act stands out as the key legislation that directly resulted in the formation of the FSLSO, reflecting its significant role in the regulation of surplus lines insurance within the state.

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