Purpose
The purpose of this amendment is to clarify and correct Rule 69B-231.020, F.A.C., which sets forth the scope of Rule Chapter 69B-231, F.A.C. This chapter contains penalty guidelines for insurance representatives licensed by the Division of Insurance Agent and Agency Services.
SUMMARY: The amendment corrects the scope by providing that the chapter is applicable to managing general agents and surplus lines agents. It also deletes subsection (2) since it unnecessarily lists licensees that are not subject to this rule chapter.