These rules are being amended pursuant to statutory changes made in 2018 that amended requirements for agents that write business outside the companies the agent is appointed to represent as well as reporting requirements for insurers that receive ...  

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    DEPARTMENT OF FINANCIAL SERVICES

    Division of Insurance Agent and Agency Services

    RULE NOS.:RULE TITLES:

    69B-215.050Receipt of 24 Risks

    69B-215.070Exchange of Business: Property and Casualty Insurance

    PURPOSE AND EFFECT: These rules are being amended pursuant to statutory changes made in 2018 that amended requirements for agents that write business outside the companies the agent is appointed to represent as well as reporting requirements for insurers that receive business from agents that are not appointed to represent the company. The proposed amendments also update references to the bureau and division.

    SUBJECT AREA TO BE ADDRESSED: The proposed amendments address statutory changes made regarding agents writing business outside the companies the agent is appointed to represent.

    RULEMAKING AUTHORITY: 624.308, FS.

    LAW IMPLEMENTED: 624.307(1), 626.561(1), 626.611, 626.621, 626.752, 626.793, 626.837, 626.9541, 627.4085, 627.420, FS.

    IF REQUESTED IN WRITING AND NOT DEEMED UNNECESSARY BY THE AGENCY HEAD, A RULE DEVELOPMENT WORKSHOP WILL BE NOTICED IN THE NEXT AVAILABLE FLORIDA ADMINISTRATIVE REGISTER.

    THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE DEVELOPMENT AND A COPY OF THE PRELIMINARY DRAFT, IF AVAILABLE, IS: Ray Wenger, Chief, Bureau of Investigation, Division of Insurance Agent and Agency Services at (850)413-5605, 200 East Gaines Street, Tallahassee, Florida 32399, or Ray.Wenger@myfloridacfo.com.

    THE PRELIMINARY TEXT OF THE PROPOSED RULE DEVELOPMENT IS AVAILABLE AT NO CHARGE FROM THE CONTACT PERSON LISTED ABOVE.

Document Information

Subject:
The proposed amendments address statutory changes made regarding agents writing business outside the companies the agent is appointed to represent.
Purpose:
These rules are being amended pursuant to statutory changes made in 2018 that amended requirements for agents that write business outside the companies the agent is appointed to represent as well as reporting requirements for insurers that receive business from agents that are not appointed to represent the company. The proposed amendments also update references to the bureau and division.
Rulemaking Authority:
624.308, FS.
Law:
624.307(1), 626.561(1), 626.611, 626.621, 626.752, 626.793, 626.837, 626.9541, 627.4085, 627.420, FS.
Contact:
Ray Wenger, Chief, Bureau of Investigation, Division of Insurance Agent and Agency Services at (850)413-5605, 200 East Gaines Street, Tallahassee, Florida 32399, or Ray.Wenger@myfloridacfo.com.
Related Rules: (2)
69B-215.050. Receipt of 24 Risks
69B-215.070. Exchange of Business: Property and Casualty Insurance