The purpose and effect of this rulemaking is the repeal of all rules in Rule Chapter 69B-184, F.A.C., because the rules are duplicative or unnecessary.

 

DEPARTMENT OF FINANCIAL SERVICES

Division of Insurance Agents and Agency Services

RULE NOS.:RULE TITLES:

69B-184.001Scope

69B-184.002Company and Agent to be Responsible

69B-184.003License Required of All Representatives

69B-184.004Complete Records Must be Maintained

69B-184.005Issuance; Contents of Policies

69B-184.010Licenses of Finance Factors

69B-184.011Binder or Receipt Must Set Forth Coverage and Cost

69B-184.017Cancellation and Repossession of Policy

69B-184.018Return Premium

69B-184.020Anti-coercion

69B-184.021Notice of Cancellation or Change in Policy or Certificate

PURPOSE AND EFFECT: The purpose and effect of this rulemaking is the repeal of all rules in Rule Chapter 69B-184, F.A.C., because the rules are duplicative or unnecessary.

SUMMARY: This rule repeal is part of the agency’s comprehensive review of existing rules that focused on eliminating those that were determined to be unnecessary or duplicative. Most of the rules contained in Rule Chapter 69B-184, F.A.C., “Insurance In Connection With Installment Sales”, are being repealed because they are not necessary to implement the correlating statute or are redundant.

SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION: The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the Agency.

The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: The rule repeal does not impose any costs.

Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.

RULEMAKING AUTHORITY: 624.308 FS.

LAW IMPLEMENTED: 624.307(1), 624.428(2), 626.112(1), 626.561, 626.748, 626.9551(1), 627.413, 627.420, 627.730-.7405 FS.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE HELD AT THE DATE, TIME AND PLACE SHOWN BELOW (IF NOT REQUESTED, THIS HEARING WILL NOT BE HELD):

DATE AND TIME: Thursday, November 13, 2014, 10:30 a.m.

PLACE: 142 Larson Building, 200 East Gaines Street, Tallahassee, Florida

Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Cindy Benefield, [phone] or [e-mail]. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Cindy Benefield, Senior Management Analyst II, Division of Agent & Agency Services, Florida Department of Financial Services, 200 E. Gaines Street, Tallahassee, Florida 32399-0320, [phone] or [e-mail]

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

69B-184.001 Scope.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 626.9551(1) FS. History–Repromulgated 12-24-74, Formerly 4-4.01, 4-4.001, 4-184.001, Repealed_________.

 

69B-184.002 Company and Agent to be Responsible.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 624.428(2) FS. History–Repromulgated 12-24-74, Formerly 4-4.02, 4-4.002, Amended 1-27-92, Formerly 4-184.002, Repealed_________.

 

69B-184.003 License Required of All Representatives.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 626.112(1) FS. History–Repromulgated 12-24-74, Formerly 4-4.03, 4-4.003, 4-184.003, Repealed_________.

 

69B-184.004 Complete Records Must be Maintained.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 626.748 FS. History–Repromulgated 12-24-74, Formerly 4-4.04, 4-4.004, Amended 10-18-01, Formerly 4-184.004, Repealed_________.

 

69B-184.005 Issuance; Contents of Policies.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 626.9551, 627.413 FS. History–Repromulgated 12-24-74, Formerly 4-4.05, 4-4.005, Amended 1-27-92, Formerly 4-184.005, Repealed_________.

 

69B-184.010 Licenses of Finance Factors.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 626.748 FS. History–Repromulgated 12-24-74, Formerly 4-4.09, 4-4.009, 4-184.010, Repealed_________.

 

69B-184.011 Binder or Receipt Must Set Forth Coverage and Cost.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 627.413, 627.420, 627.730-.7405 FS. History–Amended 2-19-72, Repromulgated 12-24-74, Formerly 4-4.10, 4-4.010, Amended 1-27-92, 10-18-01, Formerly 4-184.011, Repealed_________.

 

69B-184.017 Cancellation and Repossession of Policy.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 626.9551, 627.413 FS. History–Repromulgated 12-24-74, Formerly 4-4.16, 4-4.016, 4-184.017, Repealed_________.

 

69B-184.018 Return Premium.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 626.561 FS. History–Repromulgated 12-24-74, Formerly 4-4.17, 4-4.017, 4-184.018, Repealed_________.

 

69B-184.020 Anti-coercion.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 626.9551 FS. History–Repromulgated 12-24-74, Formerly 4-4.19, 4-4.019, 4-184.020, Repealed_________.

 

69B-184.021 Notice of Cancellation or Change in Policy or Certificate.

Rulemaking Specific Authority 624.308 FS. Law Implemented 624.307(1), 627.413 FS. History–Repromulgated 12-24-74, Formerly 4-4.20, 4-4.020, 4-184.021, Repealed_________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: Cindy Benefield, Senior Management Analyst II, Division of Agent & Agency Services, Florida Department of Financial Services

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Jeff Atwater, Chief Financial Officer, Department of Financial Services

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: October 15, 2014