16097167, 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: 16097167

Notice of Proposed Rule

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. 
SUMMARY: 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.

SUMMARY:

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.

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:

6/11/2015 Vol. 41/113

COMMENTS:

From 6/11/2015 To 7/2/2015 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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