(1) If any sales representative is convicted by a court of a violation of any provision of ss. 642.011-642.049, the license and appointment of such individual shall thereby be deemed to be immediately revoked without any further procedure relative thereto by the department.
(2) Whenever it appears that any licensed insurance agent has violated the provisions of ss. 642.011-642.049, or if any grounds listed in s. 642.041 or s. 642.043 exist as to such agent, the department may take such action as is authorized by the insurance code for a violation of the insurance code by such agent, or such action as is authorized by this chapter for a violation of this chapter by a sales representative.
History.—s. 1, ch. 79-103; s. 2, ch. 81-318; ss. 18, 20, 21, ch. 83-278; s. 182, ch. 91-108; ss. 6, 7, ch. 93-147; s. 99, ch. 2003-1; s. 74, ch. 2003-267; s. 65, ch. 2003-281.
Structure Florida Statutes
Chapter 642 - Legal Expense Insurance
642.016 - Chapter Exclusive; Applicability of Other Laws.
642.019 - Organization of Legal Expense Insurance Corporations.
642.021 - Certificate of Authority.
642.022 - Insurance Business Not Authorized.
642.023 - Required Deposit or Bond.
642.025 - Policy and Certificate Forms.
642.0261 - Net Worth Required of Applicants.
642.0262 - Net Worth Required to Maintain Certificate of Authority.
642.029 - Contracts by Insurers.
642.0301 - Filing, License, Statement, and Miscellaneous Fees.
642.032 - Provisions of General Insurance Law Applicable to Legal Expense Insurance Corporations.
642.0331 - Grounds for Suspension or Revocation of Certificate.
642.0334 - Order; Notice of Suspension or Revocation of Certificate; Effect; Publication.
642.0336 - Duration of Suspension; Obligations During Suspension; Reinstatement.
642.0338 - Administrative Fine in Lieu of Suspension or Revocation.
642.034 - License and Appointment Required.
642.036 - Sales Representatives to Be Licensed and Appointed.
642.038 - Reporting and Accounting for Funds.
642.047 - Administrative Fine in Lieu of Suspension or Revocation of License or Appointment.