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.
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