You may communicate with the Department’s attorney assigned to your case only on procedural matters.  Keep in mind that the Department’s attorney does not represent you and cannot give you legal advice. Certain license classes will have additional, specific requirements that must be met in order to be in compliance. 24 Office of Financial Regulation - Florida reviews. A person may not transact insurance business after suspension of his or her license or appointment. trends we're seeing. 2. No insurance agent, agency, or any other person licensed under the Insurance Code may pay a fee or other consideration (gift) to an unlicensed person for the referral of prospective purchasers to an insurance agent which is dependent upon whether the referral results in the purchase of an insurance product. To request final orders issued prior to January 1, 2003, you may make a public request via email or contact the Office of Open Government. or inducement to purchase an insurance product, engaging in the preliminary negotiations for the sale, effectuation of a contract of insurance and the transaction of matters subsequent to the transaction of a contract for insurance. See 69B-150.114, F.A.C. Petitions must follow certain rules in order to be legally valid.  If you are writing your own petition and you are disputing the facts alleged by the Department, please follow the instructions in Rule 28-106.301, Florida Administrative Code.  If you are not disputing the facts alleged by the Department, please follow the instructions in Rule 28-106.201, Florida Administrative Code. Salaries posted anonymously by Office of Financial Regulation - Florida employees. See: 626.451(6), F.S. This information may be typed, printed or handwritten if legible. A designation is any combination of words, any acronym standing for a combination of words or any job title that indicates or implies that you have special knowledge or training in advising or servicing consumers beyond the knowledge or training required for the license you hold. A few days later I was called in to take a skills test. You may also receive an Order telling you to provide exhibits and a witness list.  The Informal Hearing Officer will send you a Notice of Hearing which will provide the date, time, and location for the informal hearing. The 3-year requirement shall not apply to insurance binders when no policy is ultimately issued and no premium is collected. Gov. The specific text of the law can be found at: 626.9541(1)(b)(e), F.S. Therefore, being in compliance means that you are conducting yourself and your business practices in accordance with the laws and regulations of Florida. If you cease to hold a license to act as an insurance agent, you are still allowed to receive renewal commissions or other deferred commissions or pensions that were earned as part of a sale you made while your license was active. If a verification email is not received, please check your spam folder. Click below to read! The text of the reporting law can be found here: 626.536, F.S. No ex parte communications are permitted during this proceeding. Directly or indirectly own, control, or be employed in any manner by any insurance agent or agency or adjuster or adjusting firm. If you requested a proceeding by written submission in lieu of a hearing, the Order will tell you how to submit documents to the Informal Hearing Officer.Â. The department will not re-instate a license if the same circumstances for which the license was suspended still exist or are likely to re-occur. It manages a securities division that examines dealers and investment advisers. With this authorization comes the responsibility to conduct business according to the rules and statutes of the Florida Insurance Code. There are areas of compliance that are pertinent to all or most classes of licenses issued by the Department of Financial Services. As a licensee it’s important you have access to information that helps you keep your insurance business in compliance. Insurance agencies cannot appoint an agent. That means neither you nor the Department’s attorney may communicate independently with the Informal Hearing Officer about your case. Regarding appointments, it is ultimately your responsibility to ensure you have been appointed by the appropriate entity or person. However, you can always read the latest issue, as well as past This single sign-on portal provides all users within Florida's financial services community a convenient way to Instead, contact this office by phone or in writing. Such suspension shall continue if the licensee is found guilty of, or pleads guilty or nolo contendere to, the crime, regardless of whether a judgment or conviction is entered, during a pending appeal. Before the presentation of any evidence, the Informal Hearing Officer will explain the procedures that will be followed. For those licensees, please go see the pages dedicated to them. Timely notify the Department’s attorney and the Informal Hearing Officer if you would like to reschedule the informal hearing or other proceeding, or modify an existing order.  If you fail to attend the informal hearing, a Recommended Order may be issued without any testimony or other evidence provided by you. These prohibitions can only be removed if you apply for, and are granted by the Department, a similar license under the Florida Insurance Code. Subsequent offenses shall result in a fine of at least $500 or a suspension or revocation of your license. on file, you will be e-mailed when new issues have been published. This includes any action by a governmental agency in this or any other state or jurisdiction relating to the business of insurance, the sale of securities, or activity involving fraud, dishonesty, trustworthiness, or breach of fiduciary duty. For additional information please see section 627.4085, F.S. As a licensee you must ensure that any advertisements you place in order to solicit insurance business through an advertisement, announcement, or statement does not knowingly contain any assertion, representation, or statement with respect to the business of insurance, which is untrue, deceptive, or misleading. When an Informal Hearing is granted, the Informal Hearing Officer will send an Order to you and the Department's attorney requesting information for scheduling and coordination purposes. Under Florida law, if you contest a Department action, you may request a hearing by filing an Election of Proceeding or by filing your own petition.  There are two main types of hearings: hearings in which you dispute the facts alleged by the Department and hearings in which you do not dispute the facts alleged by the Department. This includes licensing and consumer complaint services. This includes licensing and consumer complaint services. The Florida, Office of Financial Regulation works to protect consumers from financial fraud. Coordinate filing your evidence with the Department’s attorney.  If you have failed to submit documents to the Hearing Officer and the Department’s attorney prior to the hearing, bring sufficient copies so that you can provide copies to everyone. presentation to the . ]. If your insurance license are revoked in accordance with an Order issued by the Division of Legal Services, you will receive notification from the Division of Agent and Agency Services, Bureau of Licensing that your insurance license has been revoked along with any appointments associated with the license. No matter what class of license you hold, the business of insurance engages the public trust. The email address you enter to create an account must be verified prior to logging in. The text of the reporting law can be found here: 626.536, F.S. © 2018 MicroPact Version:2.11.6.50 (flofr 172). The specific text is found here: 626.561(1)(2), F.S. This document is provided as a general overview of the informal hearing procedure as conducted by the Department of Financial Services.  It is not meant to include all circumstances that may arise, nor is it to be construed as legal advice. Florida Department of Financial Services - How can we help you? Industry Alert: Don't wait to renew your license! If your license is suspended, you are required to reveal the administrative action on the reinstatement application or be subject to additional administrative action. Title insurance agents and agencies are able to rebate part or their entire share of the title insurance premium; prohibitions to such rebating are identified 626.9541(1)(h)1.3., F.S. Bail Bond Agents/Agencies - See our Bail Bond Agency Primary Agent User Guide *NEW* Most Recent Enforcement Actions - August, September, and October 2020. All Title Agencies: Title Administrative Surcharge Reminder - Click here to view the Title Administrative Surcharge Information page - Deadline is January 30, 2021!. However, these tools are not and cannot replace statutes, department rules, orders or case law. You may not allow any other person to transact insurance by utilizing the license or appointment that was issued to you by the department. Be named on or affiliated with any bank account that relates in any manner to an insurance agent or agency or adjuster or adjusting firm. The provisions of this section does not apply to title insurance agents or agencies. Also, in general, an insurer's agent may make charitable contributions, as defined in s. 170(c) of the Internal Revenue Code, on behalf of insureds or prospective insureds, of up to $100 per insured or prospective insured in any calendar year. Your profession as a licensed and appointed agent or adjuster engages the public trust. Rebating can be defined as giving a customer something of monetary value in exchange for buying a policy from you. If you have any questions, please contact 850.487.1395. Verify ONLINE services FILE a COMPLAINT COVID-19 Resources We Welcome your Feedback works to protect consumers from Financial fraud of... To you by the appropriate appointing entity or person renew your license ( s ) and all will. 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