Notice of Proposed Rule

DEPARTMENT OF FINANCIAL SERVICES
Division of Insurance Agents and Agency Services
RULE NO.: RULE TITLE:
69B-177.001: Salesmen Not to Imply Club is Insurance Company
69B-177.002: Persons Not Authorized to Solicit or Sell Insurance Unless Licensed as Insurance Agent
PURPOSE AND EFFECT: These rules are being repealed since they are obsolete and unnecessary.
SUMMARY: Rules 69B-177.001 and 69B-177.002, F.A.C., are repealed.
SUMMARY OF STATEMENT OF ESTIMATED REGULATORY COSTS AND LEGISLATIVE RATIFICATION:
The Agency has determined that this will not have an adverse impact on small business or likely increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one year after the implementation of the rule. A SERC has not been prepared by the agency.
The Agency has determined that the proposed rule is not expected to require legislative ratification based on the statement of estimated regulatory costs or if no SERC is required, the information expressly relied upon and described herein: Knowledge and experience of Department staff.
Any person who wishes to provide information regarding a statement of estimated regulatory costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within 21 days of this notice.
RULEMAKING AUTHORITY: 624.308(1), 626.9611 FS.
LAW IMPLEMENTED: 626.112, 626.9541(1)(b) FS.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL BE HELD AT THE DATE,TIME AND PLACE SHOWN BELOW(IF NOT REQUESTED, THIS HEARING WILL NOT BE HELD):
DATE AND TIME: October 17, 2011, 11:00 a.m.
PLACE: Room 142, Larson Building, 200 E. Gaines Street, Tallahassee, FL
Pursuant to the provisions of the Americans with Disabilities Act, any person requiring special accommodations to participate in this workshop/meeting is asked to advise the agency at least 5 days before the workshop/meeting by contacting: Cindy Benefield, (850)413-5404 or Cindy.Benefield@MyFloridaCFO.com. If you are hearing or speech impaired, please contact the agency using the Florida Relay Service, 1(800)955-8771 (TDD) or 1(800)955-8770 (Voice).
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Cindy Benefited, Senior Management Analyst, Division of Insurance Agents and Agency Services, 200 E. Gains Street, Tallahassee, FL 32399, (850)413-5404

THE FULL TEXT OF THE PROPOSED RULE IS:

69B-177.001 Salesmen Not to Imply Club is Insurance Company.

Remaking Specific Authority 624.308(1), 626.9611 FS. Law Implemented 626.9541(1)(b) FS. History–Repromulgated 12-24-74, Formerly 4-12.02, 4-12.002, 4-177.001, Repealed________.

 

69B-177.002 Persons Not Authorized to Solicit or Sell Insurance Unless Licensed as Insurance Agent.

Rulemaking Specific Authority 624.308(1) FS. Law Implemented 626.112 FS. History–Repromulgated 12-24-74, Formerly 4-12.03, 4-12.003, 4-177.002, Repealed________.


NAME OF PERSON ORIGINATING PROPOSED RULE: Greg Thomas, Director, Division of Insurance Agents and Agency Services
NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Jeff Atwitter, Chief Financial Officer, Department of Financial Services
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: August 2, 2011