(1) “Title insurance agent” means a person appointed in writing by a title insurer to issue and countersign commitments or policies of title insurance in its behalf.
(2) “Title insurance agency” means an insurance agency under which title insurance agents and other employees determine insurability in accordance with underwriting rules and standards prescribed by the title insurer represented by the agency, and issue and countersign commitments, endorsements, or policies of title insurance, on behalf of the appointing title insurer. The term does not include a title insurer.
History.—ss. 575, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 1, ch. 86-286; ss. 11, 114, ch. 92-318; s. 3, ch. 99-286.
Note.—Former s. 627.7715.
Structure Florida Statutes
Chapter 626 - Insurance Field Representatives and Operations
Part V - Title Insurance Agents (Ss. 626.841-626.8473)
626.8411 - Application of Florida Insurance Code provisions to title insurance agents or agencies.
626.8412 - License and appointments required.
626.8413 - Title insurance agents; certain names prohibited.
626.8414 - Qualifications for examination.
626.8417 - Title insurance agent licensure; exemptions.
626.8418 - Application for title insurance agency license.
626.8419 - Appointment of title insurance agency.
626.84195 - Confidentiality of information supplied by title insurance agencies and insurers.
626.842 - Credit and character reports.
626.84201 - Nonresident title insurance agents.
626.8421 - Number of appointments permitted or required.
626.8423 - Investigation of applicants for license or renewal or continuation.
626.8437 - Grounds for denial, suspension, revocation, or refusal to renew license or appointment.
626.844 - Grounds for discretionary refusal, suspension, or revocation of license or appointment.
626.8443 - Duration of suspension or revocation.
626.8447 - Effect of suspension or revocation upon other licensees, appointees.
626.845 - Cancellation of license.
626.8453 - Penalty for violation.
626.8457 - Administrative fine in lieu of suspension or revocation of license or appointment.
626.8463 - Witnesses and evidence.
626.8467 - Testimony compelled; immunity from prosecution.