Florida Division of Insurance Agent and Agency Services Proposes Repeal of Insurance Agent Penalties Relating to Premium Finance Agreements

Oct 7, 2016

 

The Florida Department of Financial Services, Division of Insurance Agent and Agency Services, has proposed the repeal of Rule 69B-196.023 relating to Insurance Agent Penalties.  

Comments are open on the proposed repeal until October 28, 2016.  

The Rule reads as follows:

69B-196.023 Insurance Agent Penalties

Any licensed insurance agent that knowingly aids, assists, abets, or advises any person in the preparation or completion of a premium finance agreement which violates this Rule chapter or Chapter 627, Part XV, F.S., shall be subject to license disciplinary action based on Section 626.621(12), F.S.

To view the proposed Rule Notice, click here.

 

Should you have any questions or comments, please contact Colodny Fass.

 

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