Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69B - Division of Insurance Agent and Agency Services
Chapter 69B-231 - PENALTY GUIDELINES FOR INSURANCE REPRESENTATIVES
Section 69B-231.100 - Penalties for Violations of Sections 626.621(6), 626.844(5), or 626.9541, F.S

Universal Citation: FL Admin Code R 69B-231.100

Current through Reg. 50, No. 187; September 24, 2024

The following stated penalties shall apply for violations under sections 626.621(6), 626.844(5), or 626.9541, F.S., for engaging in unfair methods of competition or in unfair or deceptive acts or practices, as defined in any of the following paragraphs of section 626.9541(1), F.S.:

(1) Section 626.9541(1)(a), F.S. - suspension for 12 months.

(2) Section 626.9541(1)(b), F.S. - suspension for 6 months.

(3) Section 626.9541(1)(c), F.S. - suspension for 3 months.

(4) Section 626.9541(1)(d), F.S. - suspension for 3 months.

(5) Section 626.9541(1)(e), F.S. - suspension for 6 months; except that the penalty for a violation of section 626.9541(1)(e)1., F.S., shall be a suspension for 12 months.

(6) Section 626.9541(1)(f), F.S. - suspension for 3 months.

(7) Section 626.9541(1)(g), F.S. - suspension for 6 months.

(8) Section 626.9541(1)(h), F.S. - suspension for 6 months.

(9) Section 626.9541(1)(i), F.S. - suspension for 6 months.

(10) Section 626.9541(1)(j), F.S. - suspension for 3 months.

(11) Section 626.9541(1)(k), F.S. - suspension for 9 months.

(12) Section 626.9541(1)(l), F.S. - suspension for 12 months.

(13) Section 626.9541(1)(m), F.S. - suspension for 3 months.

(14) Section 626.9541(1)(n), F.S. - suspension for 6 months.

(15) Section 626.9541(1)(o), F.S. - suspension for 6 months.

(16) Section 626.9541(1)(p), F.S. - suspension for 3 months.

(17) Section 626.9541(1)(q), F.S. - suspension for 3 months.

(18) Section 626.9541(1)(r), F.S. - suspension for 3 months.

(19) Section 626.9541(1)(s), F.S. - suspension for 3 months.

(20) Section 626.9541(1)(t), F.S. - suspension for 3 months.

(21) Section 626.9541(1)(u), F.S. - suspension for 9 months.

(22) Section 626.9541(1)(v), F.S. - suspension for 3 months.

(23) Section 626.9541(1)(w), F.S. - suspension for 6 months.

(24) Section 626.9541(1)(x), F.S. - suspension for 6 months.

(25) Section 626.9541(1)(y), F.S. - suspension for 6 months.

(26) Section 626.9541(1)(z), F.S. - suspension for 6 months.

(27) Section 626.9541(1)(aa), F.S. - suspension for 9 months.

(28) Section 626.9541(1)(bb), F.S. - suspension for 3 months.

(29) Section 626.9541(1)(cc), F.S. - suspension for 6 months.

(30) Section 626.9541(1)(ee), F.S. - suspension for 12 months.

(31) Section 626.9541(1)(ff), F.S. - suspension for 12 months.

Rulemaking Authority 624.308(1), 626.207(8), 626.9957(12), 626.9958 FS. Law Implemented 624.307(1), 624.308, 626.207, 626.621, 626.844, 626.9541(1), 626.9957 FS.

New 7-13-93, Formerly 4-231.100, Amended 8-15-06, 8-12-10, 9-10-14, 1-30-19.

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