(1) The suspension or revocation of a certificate of authority of an administrator shall be effected by order of the office mailed to the administrator by registered or certified mail.
(2) In its discretion, the office may cause notice of any such revocation or suspension to be published in one or more newspapers of general circulation published in this state.
History.—s. 4, ch. 83-203; s. 3, ch. 84-94; s. 11, ch. 85-62; ss. 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 1002, ch. 2003-261.
Structure Florida Statutes
Chapter 626 - Insurance Field Representatives and Operations
Part VII - Insurance Administrators (Ss. 626.88-626.8991)
626.8805 - Certificate of authority to act as administrator.
626.8814 - Disclosure of ownership or affiliation.
626.8817 - Responsibilities of insurance company with respect to administration of coverage insured.
626.882 - Agreement between administrator and insurer; required provisions; maintenance of records.
626.884 - Maintenance of records by administrator; access; confidentiality.
626.885 - Notice; statement of charge or premium for coverage.
626.886 - Delivery of insurer’s written communications to policyholders.
626.887 - Advertising; approval by insurer.
626.888 - Adjustment or settlement of claims; compensation of administrator.
626.89 - Annual financial statement and filing fee; notice of change of ownership.
626.891 - Grounds for suspension or revocation of certificate of authority.
626.892 - Order of suspension or revocation of certificate of authority; notice.
626.893 - Period of suspension; obligations during suspension; reinstatement.
626.894 - Administrative fine in lieu of suspension or revocation.
626.895 - Definition of “service company” or “service agent.”
626.896 - Servicing requirements for self-insurers and multiple-employer welfare arrangements.
626.897 - Application for authorization to act as service company; bond.
626.898 - Requirements for retaining authorization as service company; recertification.