Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69B - Division of Insurance Agent and Agency Services
Chapter 69B-250 - MEDIATORS
Section 69B-250.003 - Penalties for Violation of Section 627.745, F.S

Universal Citation: FL Admin Code R 69B-250.003

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

(1) An application for approval as a mediator shall be denied by the Department if any of the grounds set forth in Sections 627.745(4)(a) through (e), F.S., exist.

(2) If an approved mediator has violated any of the following provisions of Section 627.745(4), F.S., the following penalty shall apply:

(a) Section 627.745(4)(a), F.S. - suspension of approval for 6 months.

(b) Section 627.745(4)(b), F.S. -
1. Suspension of approval for 12 months if the application would have been granted, if accurate, based on the statutes and Department rules applicable to the application and the documentation in the applicant's file at the time the Department issued the approval, or

2. Revocation of approval if the application would have been denied, if accurate, based on the statutes and Department rules applicable to the application at the time the Department issued the approval.

(b) Section 627.745(4)(c), F.S. - suspension of approval for 12 months.

(c) Section 627.745(4)(d), F.S. - revocation of approval.

(d) Section 627.745(4)(e), F.S. - revocation of approval.

Rulemaking Authority 627.745(4), 627.7015(4) FS. Law Implemented 627.7015, 627.745 FS.

New 8-16-17.

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