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Notice of Proposed Rule for Rule Chapter 69B-231.020

To All Interested Parties:
 
The Florida Department of Financial Services, Division of Agent & Agency Services, hereby provides Notice of Proposed Rule for Rule Chapter 69B-231.020, Florida Administrative Code, Relating to penalty guidelines for insurance representatives (specifically managing general agents and surplus lines agents) licensed by the Division of Agent and Agency Services.  This notice has been filed with the Florida Department of State and was officially published in the Florida Administrative Register on June 11, 2015.
 
You may access the full text of the notice via the following link: https://www.flrules.org/gateway/View_Notice.asp?id=16097167
 
Notice of Proposed Rule
Department: Department of Financial Services
Division: Division of Insurance Agents and Agency Services
Rule No.: 69B-231.020
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.


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