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Assessments

Florida Office of Insurance Regulation's FAQs on assessment recoupment.
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2013 Assessment
No assessment was levied in the year 2013.

2012 Assessment
On November 6, 2012, the Board of Directors certified the need for nine-tenths of one percent (0.9%) assessment on the All Other line of business.  The assessment certification was approved by the Office of Insurance Regulation and an order was issued November 9, 2012.  All members will be assessed nine-tenths of one percent (0.9%) of their 2011 Florida net direct written premiums.  Assessment invoices were mailed November 12, 2012 and payment is due on or before December 31, 2012. 

Assessment Documents

2011 Assessment
No assessment was levied in the year 2011.

2010 Assessment
No assessment was levied in the year 2010.

2009 Assessment
On October 29, 2009, the Board of Directors certified the need for eight-tenths of one percent (0.8%) assessment on the All Other line of business.  The assessment certification was approved by the Office of Insurance Regulation and an order was issued November 6, 2009.  All members will be assessed eight-tenths of one percent (0.8%) of their 2008 Florida net direct written premiums.  Assessment invoices were mailed November 13, 2009 and payment is due December 15, 2009. 
 Assessment Documents

2008 Assessment
No assessment was levied in the year 2008.

2007 Assessment
An assessment was levied on October 29, 2007 as follows:

All Other line of business – members assessed two (2%) of their 2006 Florida net direct written premiums. This assessment is payable by November 30, 2007. 

2006 Emergency Assessment
An emergency assessment was levied on December 15, 2006 as follows:

All Other line of business - members assessed two percent (2%) of their 2005 Florida net direct written premiums.

  • The assessment is payable in full by January 31, 2007. 
  • For questions regarding the regulatory filings process and procedures, please contact Mike Milnes with the Florida Office of Insurance Regulation at (850) 413-5306.

Regular Assessment
An assessment was levied on June 16, 2006 as follows:

All Other line of business – members assessed two (2%) of their 2005 Florida net direct written premiums. This assessment was payable by July 21, 2006. 

2005 Assessment
No assessment was levied in the year 2005.

2004 Assessment
No assessment was levied in the year 2004.

2003 Assessment
No assessment was levied in the year 2003.

2002 Assessment
An assessment was levied in the year 2002 as follows:

Auto Liability line of business – members assessed one and one-eighth (1.125%) of their 2001 Florida net direct written premiums.

Physical Damage line of business - members assessed three quarters of one percent (0.75%) of their 2001 Florida net direct written premiums.

2001 Assessment
An assessment was levied in the year 2001 as follows:

Auto Liability line of business - members assessed three quarters of one percent (0.75%) of their Florida net direct written premiums during the calendar year 2000.

All Other FIGA covered lines of business (other than Auto Liability and Auto Physical Damage) - members assessed one percent (1%) of their 2000 Florida net direct written premiums.

2000 Assessment
No assessment was levied for the year 2000.

Please refer to Chapter 631.57, Florida Statutes for additional information regarding the Florida Insurance Guaranty Association assessment authority.