What is the primary purpose of the Florida Surplus Lines Stamping Office (FSLSO)?

The primary purpose of the Florida Surplus Lines Stamping Office (FSLSO) is to enhance insurance availability to all consumers. The FSLSO functions as a critical component of the surplus lines insurance market in Florida, which provides coverage for risks that are not typically available through standard insurance carriers. This role is essential, especially for high-risk individuals or businesses that may struggle to find adequate insurance due to their unique needs or circumstances.

By facilitating the surplus lines market, the FSLSO helps ensure that consumers have access to a broader range of insurance options. This includes the ability to procure coverage that may be necessary for certain types of properties or liability exposures that traditional insurers are unwilling or unable to cover.

In contrast, regulating health insurance, managing traditional insurance policies, or providing funding for government programs are not functions associated with the FSLSO. These responsibilities fall within other regulatory bodies or sectors of the insurance market. Thus, the FSLSO's specific focus on enhancing availability in the surplus lines market underscores its unique and vital role in supporting the insurance ecosystem in Florida.