The purpose and effect will be to repeal rules 69B-211.001 and 69B-211.040.

 

DEPARTMENT OF FINANCIAL SERVICES

Division of Insurance Agent and Agency Services

RULE NOS.:RULE TITLES:

69B-211.001Purpose

69B-211.040Purpose and Scope

PURPOSE AND EFFECT: The purpose and effect will be to repeal rules 69B-211.001 and 69B-211.040.

SUMMARY: The rules set forth the purpose and scope of the licensing provisions of the Florida Insurance Code and the Department’s duty to enforce those provisions.

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 Department’s economic analysis of the potential impact of the proposed rule repeals determined that there will be no adverse economic impact or increased regulatory costs that would require legislative ratification.

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, 626.9958 FS.

LAW IMPLEMENTED: 112.011, 624.307(1), 626.161, 626.171, 626.201, 626.207, 626.211, 626.291, 626.601, 626.611(7), (14), 626.621(8), 626.631, 626.641, 626.681, 626.691, 626.9958 FS.

IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE SCHEDULED AND ANNOUNCED IN THE FAR.

THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: David Jones, Chief, Bureau of Licensing, 200 E. Gaines Street, Tallahassee, FL 32399-0318; [phone] or [e-mail].

 

THE FULL TEXT OF THE PROPOSED RULE IS:

 

69B-211.001 Purpose.

Rulemaking Authority 624.308, 626.9958 FS. Law Implemented 624.307(1), 626.112, 626.171, 627.683, 632.634, 634.171, 634.318, 634.420, 635.051, 642.034, 648.27, 648.30 FS. History–New 6-4-92, Formerly 4-211.001, Amended 11-26-14, Repealed__________.

 

69B-211.040 Purpose and Scope.

Rulemaking Authority 624.308, 626.9958 FS. Law Implemented 112.011, 624.307(1), 626.161, 626.171, 626.201, 626.207, 626.211, 626.291, 626.601, 626.611(7), (14), 626.621(8), 626.631, 626.641, 626.681, 626.691, 626.9958 FS. History–New 10-17-02, Formerly 4-211.040, Amended 11-26-14, Repealed ___________.

 

NAME OF PERSON ORIGINATING PROPOSED RULE: David Jones, Chief, Bureau of Licensing

NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Jimmy Patronis, Chief Financial Officer

DATE PROPOSED RULE APPROVED BY AGENCY HEAD: August 2, 2022