The Office of Insurance Regulation is updating Chapter 69O-222.  

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    DEPARTMENT OF FINANCIAL SERVICES

    OIR – Insurance Regulation

    RULE NOS.:RULE TITLES:

    69O-222.010Purpose and Scope

    69O-222.020Definitions

    69O-222.030Remuneration for Unlicensed Insurance Agency Personnel

    69O-222.040Lawful Activity by Unlicensed Insurance Agency Personnel

    69O-222.050Lawful Activities by Unlicensed Insurance Agency Personnel Done on an Incidental Basis Under Rule 69O-222.020(1)

    69O-222.060Unlawful Activities by Unlicensed Insurance Agency Personnel

    PURPOSE AND EFFECT: The Office of Insurance Regulation is updating Chapter 69O-222.

    SUMMARY: Rules 69O-222.010, 69O-222.020, 69O-222.030, 69O-222.040, 69O-222.050, and 69O-222.060, F.A.C. are repealed.

    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: Agency personnel familiar with the subject matter of the rule amendment have performed an economic analysis of the rule amendment that shows that the rule amendment is unlikely to have an adverse impact on the State economy in excess of the criteria established in Section 120.541(2)(a), Florida Statutes.

    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: 624.10, 624.11(1), 624.307(1), 626.0428, 626.112 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: Michael Lawrence, Jr., Assistant General Counsel, Office of Insurance Regulation, Michael.LawrenceJr@floir.com, (850)413-4112.

     

    THE FULL TEXT OF THE PROPOSED RULE IS:

     

    69O-222.010 Purpose and Scope.

    Rulemaking Authority 624.308 FS. Law Implemented 624.10, 624.11(1), 624.307(1), 626.0428, 626.112 FS. History–New 10-12-93, Formerly 4-222.010, Repealed_______________.

     

    69O-222.020 Definitions.

    Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 626.0428, 626.112 FS. History–New 10-12-93, Formerly 4-222.020, Repealed________________.

     

    69O-222.030 Remuneration for Unlicensed Insurance Agency Personnel.

    Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 626.0428, 626.112 FS. History–New 10-12-93, Formerly 4-222.030, Repealed_____________.

     

    69O-222.040 Lawful Activity by Unlicensed Insurance Agency Personnel.

    Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 626.0428, 626.112 FS. History–New 10-12-93, Formerly 4-222.040, Repealed_______________.

     

    69O-222.050 Lawful Activities by Unlicensed Insurance Agency Personnel Done on an Incidental Basis Under Rule 69O-222.020(1).

    Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 626.0428, 626.112 FS. History–New 10-12-93, Formerly 4-222.050, Repealed_______________.

     

    69O-222.060 Unlawful Activities by Unlicensed Insurance Agency Personnel.

    Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 626.0428, 626.112 FS. History–New 10-12-93, Formerly 4-222.060, Repealed_______________.

     

    NAME OF PERSON ORIGINATING PROPOSED RULE: Michael Lawrence, Jr., Assistant General Counsel

    NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Financial Services Commission

    DATE PROPOSED RULE APPROVED BY AGENCY HEAD: December 3, 2019

Document Information

Comments Open:
12/5/2019
Summary:
69O-222.010, 69O-222.020, 69O-222.030, 69O-222.040, 69O-222.050, and 69O-222.060 are repealed.
Purpose:
The Office of Insurance Regulation is updating Chapter 69O-222.
Rulemaking Authority:
624.308 FS.
Law:
624.10, 624.11(1), 624.307(1), 626.0428, 626.112 FS.
Contact:
Michael Lawrence, Jr., Assistant General Counsel, Office of Insurance Regulation, Michael.LawrenceJr@floir.com, (850) 413-4112.
Related Rules: (6)
69O-222.010. Purpose and Scope
69O-222.020. Definitions
69O-222.030. Remuneration for Unlicensed Insurance Agency Personnel
69O-222.040. Lawful Activity by Unlicensed Insurance Agency Personnel
69O-222.050. Lawful Activities by Unlicensed Insurance Agency Personnel Done on an Incidental Basis Under Rule 69O-222.020(1)
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