™Your Policy Risk Impact Agent
19 chapters · 2,278 sections in this title.
Fla. Stat. § 626.7491 Business transacted with producer controlled property and casualty insurer
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(1) SHORT TITLE.—This section may be cited as the “Business Transacted with Producer Controlled Property or Casualty Insurer Act.”(2) DEFINITIONS.—As used in this section:(a) “Accredited state” means a state in which the department or agency which regulates insurance has qualifie…
Fla. Stat. § 626.7492 Reinsurance intermediaries
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(1) SHORT TITLE.—This section may be cited as the “Reinsurance Intermediary Act.”(2) DEFINITIONS.—As used in this section:(a) “Actuary” means a person who is a member in good standing of the American Academy of Actuaries.(b) “Controlling” means having the direct or indirect power…
Fla. Stat. § 626.752 Exchange of business
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(1) As used in this section:(a) “Brokering agent” means an originating general lines agent placing business with a company with which he or she is not appointed.(b) “Prominently displayed” means that the printed matter is:1. In at least 12-point type or type of the same size as a…
Fla. Stat. § 626.753 Sharing commissions; penalty
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(1)(a) An agent may divide or share in commissions only with other agents appointed and licensed to write the same kind or kinds of insurance, or may divide commissions with a customer representative.(b) This section shall not be construed to prevent the payment or receipt of ren…