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Florida Administrative Code (Last Updated: October 28, 2024) |
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69. Department of Financial Services |
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69O. OIR – Insurance Regulation |
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69O-136. Application Procedures For Companies Seeking To Do Business In Florida |
1(1) An application for a person applying for a license as a rating organization consists of the following:
19(a) Form OIR-C1-PCR1, incorporated by reference in Rule 69O-136.100, F.A.C.;
29(b) Form OIR-C1-905, incorporated by reference in Rule 69O-136.100, F.A.C.;
39(c) Form OIR-C1-938, incorporated by reference in Rule 69O-136.100, F.A.C.;
49(d) Form OIR-C1-1416, incorporated by reference in Rule 69O-136.100, F.A.C.;
59(e) Form OIR-C1-1423, incorporated by reference in Rule 69O-136.100, F.A.C.;
69(f) Form OIR-C1-0500, incorporated by reference in Rule 69O-136.100, F.A.C.;
79(g) Form OIR-C1-0501, incorporated by reference in Rule 69O-136.100, F.A.C.;
89(h) Form OIR-C1-0502, incorporated by reference in Rule 69O-136.100, F.A.C.;
99(i) Form OIR-C1-0503, incorporated by reference in Rule 69O-136.100, F.A.C.;
109(j) Form OIR-C1-0504, incorporated by reference in Rule 69O-136.100, F.A.C.;
119(k) Form OIR-C1-0505, incorporated by reference in Rule 69O-136.100, F.A.C.;
129(l) Form OIR-C1-0506, incorporated by reference in Rule 69O-136.100, F.A.C.;
139(m) Form OIR-C1-0507, incorporated by reference in Rule 69O-136.100, F.A.C.;
149(n) Form OIR-C1-0509, incorporated by reference in Rule 69O-136.100, F.A.C.; and
160(o) Form OIR-C1-2221, incorporated by reference in Rule 69O-136.100, F.A.C.
170(2) A person applying for a license as a rating organization shall submit forms in subsection (1) as directed by the Office electronically at https://www.floir.com/iportal.
195(3) Annual License Renewal
199(a)1. All rating organization licenses shall expire on September 30.
2092. Failure to submit the application for continuance by September 30 shall result in expiration of the license and will require the filing of a new application for licensure.
238(b) A licensee seeking to continue operating as a rating organization shall submit the following:
2531. Form OIR-C1-PCR2, incorporated by reference in Rule 69O-136.100, F.A.C.;
2632. Form OIR-C1-1416, incorporated by reference in Rule 69O-136.100, F.A.C.; and
2743. A fee of $25.00 filed annually in conjunction with the license renewal.
287(c) Any licensee who fails to renew a rating organization license shall immediately cease and desist from engaging in the rating organization business in the state of Florida.
315Rulemaking Authority 317624.308(1) FS. 319Law Implemented 321624.307(1), 322624.501(18), 323627.221 FS. 325History–New 5-20-90, Formerly 4-104.002, Formerly 4-170.021, 33169O-170.021, 332Amended 1-7-24.
