(1) Each licensed nonresident agent shall appoint the Chief Financial Officer as his or her attorney to receive service of legal process issued against the agent in this state, upon causes of action arising within this state out of transactions under the agent’s license and appointment. Service upon the Chief Financial Officer as attorney shall constitute effective legal service upon the agent.
(2) The appointment of the Chief Financial Officer for service of process shall be irrevocable for as long as there could be any cause of action against the agent arising out of his or her insurance transactions in this state.
(3) Duplicate copies of such legal process against such agent shall be served upon the Chief Financial Officer by a person competent to serve a summons.
(4) Upon receiving such service, the Chief Financial Officer shall forthwith send one of the copies of the process, by registered mail with return receipt requested, to the defendant agent at his or her last address of record with the department.
(5) The Chief Financial Officer shall keep a record of the day and hour of service upon him or her of all such legal process.
History.—s. 266, ch. 59-205; 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. 230, 241, 807, 810, ch. 82-243; ss. 81, 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 251, ch. 97-102; s. 957, ch. 2003-261.
Structure Florida Statutes
Chapter 626 - Insurance Field Representatives and Operations
Part II - General Lines Agents (Ss. 626.726-626.754)
626.728 - This part supplements licensing law.
626.729 - “Industrial fire insurance” defined.
626.731 - Qualifications for general lines agent’s license.
626.7315 - Prohibition against the unlicensed transaction of general lines insurance.
626.732 - Requirement as to knowledge, experience, or instruction.
626.733 - Agency firms and corporations; special requirements.
626.734 - Corporations, liability of agent.
626.7351 - Qualifications for customer representative’s license.
626.7352 - Customer representative’s office.
626.7353 - Appointment of customer representatives.
626.7354 - Customer representative’s powers; agent’s or agency’s responsibility.
626.741 - Nonresident agents; licensing and restrictions.
626.742 - Nonresident agents; service of process.
626.743 - Nonresident agents; retaliatory provision.
626.744 - Service representatives; application for license.
626.745 - Service representatives, managing general agents; managers; activities.
626.7451 - Managing general agents; required contract provisions.
626.7452 - Managing general agents; examination authority.
626.7453 - Managing general agents; errors and omissions insurance.
626.7454 - Managing general agents; duties of insurers.
626.7455 - Managing general agent; responsibility of insurer.
626.749 - Place of business in residence.
626.7491 - Business transacted with producer controlled property and casualty insurer.
626.7492 - Reinsurance intermediaries.
626.752 - Exchange of business.
626.753 - Sharing commissions; penalty.
626.754 - Rights of agent following termination of appointment.