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Florida Administrative Code (Last Updated: April 18, 2024) |
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69. Department of Financial Services |
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69O. OIR – Insurance Regulation |
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69O-141. Administrative Supervision And Withdrawal From The State |
1(1) A contract for services of a deputy supervisor pursuant to Section 13624.87, F.S., 15may be executed by the deputy supervisor directly with the insurer at rates of compensation negotiated by the Office. In such situations, the deputy supervisor will be compensated directly by the insurer.
47(2) All deputy supervisors will be under the direction and control of the Office regardless of compensation method, and will be operating as agents of state.
73(3) Industry working groups formed by the Office and outside consultants may be appointed as deputy supervisors to assist with identifying alternative solutions to the troubled situations.
100Rulemaking 101Authority 102624.308 FS. 104Law Implemented 106624.87, 107624.307(1) FS. 109History–New 5-5-92, Formerly 4-141.005.
