(1) All initial and renewal appointments shall be submitted to the department on a monthly basis no later than 45 days after the date of appointment and become effective on the date requested on the appointment form.
(2)(a) If, upon application and qualification for an initial or renewal appointment and such investigation as the department may make, the department determines that an individual has not been properly appointed to represent an insurer or employer, that such individual was formerly licensed or is currently licensed, and that such individual has been actively engaged or is currently actively engaged as such an appointee, the department shall, if it finds that such failure to be appointed was an inadvertent error on the part of the insurer or employer so represented, notify the insurer or employer of its finding and of the requirement to pay all fees and taxes due pursuant to paragraph (b) within 21 days.
(b) The department may issue or authorize the issuance of the appointment upon the insurer’s or employer’s timely payment to the department of all fees and taxes that would have been due had the applicant been properly appointed during such current and prior periods, including fees and taxes that would have been due pursuant to s. 624.501 for such current and prior periods of appointment.
(c) Upon proper appointment of the individual and payment of all fees and taxes due pursuant to paragraph (b), paragraph (3)(a), and s. 624.501 by the insurer or employer, the department may no longer consider the inadvertent failure to appoint to be a violation of this code.
(d) If the insurer or employer does not pay the fees and taxes due pursuant to paragraph (b) within 21 days after notice by the department, the department shall suspend the insurer’s or employer’s authority to appoint licensees until all outstanding fees and taxes have been paid.
(3)(a) Failure to notify the department within the required time period shall result in the appointing entity being assessed a delinquent fee of $250 per appointee. Delinquent fees shall be paid by the appointing entity and may not be charged to the appointee.
(b) Failure to timely renew an appointment by an appointing entity prior to the expiration date of the appointment shall result in the appointing entity being assessed late filing, continuation, and reinstatement fees as prescribed in s. 624.501. Such fees must be paid by the appointing entity and cannot be charged back to the appointee.
History.—s. 216, ch. 59-205; s. 9, ch. 65-269; ss. 13, 35, ch. 69-106; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 3, ch. 81-282; ss. 2, 3, ch. 81-318; ss. 182(1st), 217, 807, 810, ch. 82-243; ss. 38, 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 933, ch. 2003-261; s. 35, ch. 2003-267; s. 28, ch. 2003-281; s. 107, ch. 2004-5; s. 37, ch. 2004-390; s. 17, ch. 2021-113.
Structure Florida Statutes
Chapter 626 - Insurance Field Representatives and Operations
626.016 - Powers and duties of department, commission, and office.
626.025 - Consumer protections.
626.0428 - Agency personnel powers, duties, and limitations.
626.141 - Violation not to affect validity of insurance.
626.172 - Application for insurance agency license.
626.173 - Insurance agency closure; cancellation of licenses.
626.175 - Temporary licensing.
626.181 - Number of applications for licensure required.
626.191 - Repeated applications.
626.202 - Fingerprinting requirements.
626.211 - Approval, disapproval of application.
626.221 - Examination requirement; exemptions.
626.231 - Eligibility; application for examination.
626.241 - Scope of examination.
626.2415 - Annual report of results of life insurance examinations.
626.251 - Time and place of examination; notice.
626.261 - Conduct of examination.
626.266 - Printing of examinations or related materials to preserve examination security.
626.271 - Examination fee; determination, refund.
626.2815 - Continuing education requirements.
626.291 - Examination results; denial, issuance of license.
626.292 - Transfer of license from another state.
626.301 - Form and contents of licenses, in general.
626.321 - Limited licenses and registration.
626.322 - License, appointment; certain military installations.
626.331 - Number of appointments permitted or required.
626.341 - Additional appointments; general lines, life, and health agents.
626.342 - Furnishing supplies to unlicensed agent prohibited; civil liability.
626.371 - Payment of fees, taxes for appointment period without appointment.
626.381 - Renewal, continuation, reinstatement, or termination of appointment.
626.382 - Continuation, expiration of license; insurance agencies.
626.431 - Effect of expiration of license and appointment.
626.441 - License or appointment; transferability.
626.451 - Appointment of agent or other representative.
626.461 - Continuation of appointment of agent or other representative.
626.471 - Termination of appointment.
626.511 - Reasons for termination; confidential information.
626.536 - Reporting of administrative actions.
626.541 - Firm, corporate, and business names; officers; associates; notice of changes.
626.551 - Notice of change of address, name.
626.561 - Reporting and accounting for funds.
626.571 - Delinquent agencies; notice of trusteeship.
626.5715 - Parity of regulation of insurance agents and agencies.
626.572 - Rebating; when allowed.
626.581 - Commissions contingent upon adjustment savings; prohibition.
626.591 - Penalty for violation of s. 626.581.
626.593 - Insurance agent; written contract for compensation.
626.601 - Improper conduct; inquiry; fingerprinting.
626.602 - Insurance agency names; disapproval.
626.6115 - Grounds for compulsory refusal, suspension, or revocation of insurance agency license.
626.6215 - Grounds for discretionary refusal, suspension, or revocation of insurance agency license.
626.631 - Procedure for refusal, suspension, or revocation of license.
626.641 - Duration of suspension or revocation.
626.6515 - Effect of suspension or revocation upon associated agencies.