(1) Any title insurer that is terminating the appointment of a title insurance agent or title insurance agency, whether such termination is by direct action of the appointing title insurer or by failure to renew or continue the appointment as provided, shall file with the department a statement of the reasons, if any, for, and the facts relative to, such termination.
(2) In the case of a termination by failure to renew or continue the appointment, the information required under subsection (1) shall be filed with the department as soon as possible, and at all events within 30 days, after the date notice of intention not to renew or continue was filed with the department. In all other cases, the information required under subsection (1) shall be filed with the department at the time, or at all events within 10 days after, notice of the termination was filed with the department.
(3) Any information, document, record, or statement furnished to the department under subsection (1) is confidential and exempt from the provisions of s. 119.07(1).
History.—s. 11, ch. 85-185; s. 1, ch. 86-286; s. 124, ch. 90-363; s. 114, ch. 92-318; s. 7, ch. 93-80; s. 375, ch. 96-406; s. 42, ch. 2022-138.
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.