(1) The Division of Investigative and Forensic Services of the Department of Financial Services may deposit revenues received as a result of criminal proceedings or forfeiture proceedings, other than revenues deposited into the Department of Financial Services’ Federal Law Enforcement Trust Fund under s. 17.43, into the Insurance Regulatory Trust Fund. Moneys deposited pursuant to this section shall be separately accounted for and shall be used solely for the division to carry out its duties and responsibilities.
(2) Moneys deposited into the Insurance Regulatory Trust Fund pursuant to this section shall be appropriated by the Legislature, pursuant to the provisions of chapter 216, for the sole purpose of enabling the division to carry out its duties and responsibilities.
(3) Notwithstanding the provisions of s. 216.301 and pursuant to s. 216.351, any balance of moneys deposited into the Insurance Regulatory Trust Fund pursuant to this section remaining at the end of any fiscal year shall remain in the trust fund at the end of that year and shall be available for carrying out the duties and responsibilities of the division.
History.—s. 11, ch. 2006-305; s. 6, ch. 2007-14; s. 18, ch. 2016-165.
Structure Florida Statutes
Chapter 626 - Insurance Field Representatives and Operations
Part IX - Unfair Insurance Trade Practices (Ss. 626.951-626.99)
626.951 - Declaration of purpose.
626.9531 - Identification of insurers, agents, and insurance contracts.
626.9541 - Unfair methods of competition and unfair or deceptive acts or practices defined.
626.9545 - Improper charge identification incentive program.
626.9551 - Favored agent or insurer; coercion of debtors.
626.9561 - Power of department and office.
626.9581 - Cease and desist and penalty orders.
626.9591 - Appeals from the department or office.
626.9601 - Penalty for violation of cease and desist orders.
626.9621 - Provisions of part additional to existing law.
626.9641 - Policyholders, bill of rights.
626.9702 - Illegal dealings in premiums; excess charges for insurance.
626.9705 - Life or disability insurance; illegal dealings.
626.9706 - Life insurance; discrimination on basis of sickle-cell trait prohibited.
626.9707 - Disability insurance; discrimination on basis of sickle-cell trait prohibited.
626.9741 - Use of credit reports and credit scores by insurers.
626.9743 - Claim settlement practices relating to motor vehicle insurance.
626.9744 - Claim settlement practices relating to property insurance.
626.9885 - Financial institutions conducting insurance transactions.
626.9892 - Anti-Fraud Reward Program; reporting of insurance fraud.
626.9893 - Disposition of revenues; criminal or forfeiture proceedings.