Notice of Declaratory Statement

DEPARTMENT OF FINANCIAL SERVICES
OIR – Insurance Regulation
NOTICE IS HEREBY GIVEN THAT the Financial Services Commission, Office of Insurance Regulation has received the petition for declaratory statement from Client First Settlement Funding, LLC, Case No.: 106407-09 on September 9, 2010.The petition seeks the agency's opinion as to the applicability of Section 624.401, Florida Statutes as it applies to the petitioner.
The declaratory statement from the Office opined that the structured settlement assignment program described in the Petition did not require a Certificate of Authority pursuant to Section 624.401, Florida Statutes.
A copy of the Petition for Declaratory Statement may be obtained by contacting: Stephen Fredrickson, Assistant General Counsel, Legal Services Office, Office of Insurance Regulation, 200 East Gaines Street, Tallahassee, Florida 32399-4206, (850)413-4144 or via email: Steve.Fredrickson@floir.com.
Please refer all comments to: Stephen Fredrickson, Assistant General Counsel, Legal Services Office, Office of Insurance Regulation, 200 East Gaines Street, Tallahassee, Florida 32399-4206, (850)413-4144 or via email: Steve.Fredrickson@floir.com.