15900354, 69B-231.020 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 15900354

Notice of Development of Rulemaking

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Division of Insurance Agent and Agency Services

Chapter:

PENALTY GUIDELINES FOR INSURANCE REPRESENTATIVES

Overview

RULE:

69B-231.020

Scope

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. 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.

SUBJECT:

Penalty guidelines for insurance representatives licensed by the Division of Insurance Agent and Agency Services.

RULEMAKING AUTHORITY:

624.308, 626.9957(12), 626.9958, FS.

LAW:

624.307(1), 624.308(2), 626.207(2), 626.611, 626.621, 626.9957, FS.

PRINT PUBLISH DATE:

4/15/2015 Vol. 41/73

RELATED STATUTES
AND LAWS:

624.308, 626.9957(12), 626.9958, FS., 624.307(1), 624.308(2), 626.207(2), 626.611, 626.621, 626.9957, FS.

OVERSIGHT COMMITTEE:

Joint Administrative Procedures Committee
Florida Administrative Law Central Online Network (F.A.L.C.O.N.)

RELATED COURT CASES:

Division of Administrative Hearings

FEDERAL eRULEMAKING
WEB PORTAL:

Regulations.gov

HOW TO LINK TO
THIS NOTICE:

http://www.flrules.org/gateway/ruleno.asp?id=69B-231.020&PDate=4/15/2015&Section=1

REFERENCE MATERIALS:

No reference(s).

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