Summary
This rule establishes guidelines for the assessment of administrative fines imposed upon entities, concerning certain violations of the Florida Insurance Code and applicable Office Rules.
This rule became effective on November 6, 1994. Since that time, many of the fines prescribed by the rule have become antiquated. Furthermore, the Florida Insurance Code, specifically Section 624.4211, Florida Statutes, contains guidelines for the assessment of administrative fines. As a result, this rule is unnecessary and should be repealed.