(1) Subject to an appointee’s contract rights, an appointing entity may terminate its appointment of any appointee at any time. Except when termination is upon a ground that would subject the appointee to suspension or revocation of his or her license and appointment under s. 626.611 or s. 626.621, and except as provided by contract between the appointing entity and the appointee, the appointing entity shall give at least 60 days’ advance written notice of its intention to terminate such appointment to the appointee by delivery thereof to the appointee in person, by mailing it postage prepaid, or by e-mail. If delivery is by mail or e-mail, the notice must be addressed to the appointee at his or her last mailing or e-mail address of record with the appointing entity. Notice is deemed to have been given when deposited in a United States Postal Service mail depository or when the e-mail is sent, as applicable.
(2) As soon as possible and at all events within 30 days after terminating the appointment of an appointee, other than as to an appointment terminated by the appointing entity’s failure to continue or renew it, the appointing entity shall file written notice thereof with the department, together with a statement that it has given the appointee notice thereof as provided in subsection (1) and shall file with the department the reasons and facts involved in such termination as required under s. 626.511.
(3) Upon termination of the appointment of an appointee, whether by failure to renew or continue the appointment, the appointing entity shall:
(a) File with the department the information required under s. 626.511.
(b) Subject to the exceptions provided under subsection (1), continue the outstanding contracts transacted by an agent until the expiration date or anniversary date when the policy is a continuous policy with no expiration date. This paragraph shall not be construed to prohibit the cancellation of such contracts when not otherwise prohibited by law.
(4) An appointee may terminate the appointment at any time by giving written or electronic notice thereof to the appointing entity, department, or person designated by the department to administer the appointment process. The department shall immediately terminate the appointment and notify the appointing entity of such termination. Such termination shall be subject to the appointee’s contract rights, if any.
(5) Upon receiving notice of termination, the department or person designated by the department to administer the appointment process shall terminate the appointment.
History.—s. 226, ch. 59-205; ss. 13, 35, ch. 69-106; s. 1, ch. 71-327; s. 6, ch. 72-34; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 3, ch. 81-282; ss. 2, 3, ch. 81-318; ss. 193(1st), 217, 807, 810, ch. 82-243; s. 13, ch. 85-208; ss. 44, 206, 207, ch. 90-363; s. 57, ch. 91-110; s. 4, ch. 91-429; s. 1, ch. 93-80; s. 229, ch. 97-102; s. 938, ch. 2003-261; s. 39, ch. 2003-267; s. 32, ch. 2003-281; s. 41, ch. 2004-390; s. 21, ch. 2019-140.
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.