Current through Reg. 50, No. 187; September 24, 2024
As used in these rules, unless the context requires
otherwise:
(1) "Affiliate" means a
company that controls, is controlled by or is under common control with another
company.
(2)
(a) "Clear and conspicuous" means that a
notice is reasonably understandable and designed to call attention to the
nature and significance of the information in the notice.
(b) Examples.
1. Reasonably understandable. A licensee
makes its notice reasonably understandable if it:
a. Presents the information in the notice in
clear, concise sentences, paragraphs and sections;
b. Uses short explanatory sentences or bullet
lists whenever possible;
c. Uses
definite, concrete, everyday words and active voice whenever
possible;
d. Avoids multiple
negatives;
e. Avoids legal and
highly technical business terminology whenever possible; and,
f. Avoids explanations that are imprecise and
readily subject to different interpretations.
2. Designed to call attention. A licensee
designs its notice to call attention to the nature and significance of the
information in it if the licensee:
a. Uses a
plain-language heading to call attention to the notice;
b. Uses a typeface and type size that are
easy to read;
c. Provides wide
margins and ample line spacing;
d.
Uses boldface or italics for key words; and,
e. In a form that combines the licensee's
notice with other information, uses distinctive type size, style, and graphic
devices, such as shading or sidebars.
3. Notices on web sites. If a licensee
provides a notice on a web page, the licensee designs its notice to call
attention to the nature and significance of the information in it if the
licensee uses text or visual cues to encourage scrolling down the page if
necessary to view the entire notice and ensure that other elements on the web
site, such as text, graphics, hyperlinks or sound, do not distract attention
from the notice, and the licensee either:
a.
Places the notice on a screen that consumers frequently access, such as a page
on which transactions are conducted; or
b. Places a link on a screen that consumers
frequently access, such as a page on which transactions are conducted, that
connects directly to the notice and is labeled appropriately to convey the
importance, nature and relevance of the
notice.
(3) "Collect" means to obtain information
that the licensee organizes or can retrieve by the name of an individual or by
identifying number, symbol or other identifying particular assigned to the
individual, irrespective of the source of the underlying information.
(4) "Company" means a corporation, limited
liability company, business trust, general or limited partnership, association,
sole proprietorship or similar organization.
(5)
(a)
"Consumer" means an individual who seeks to obtain, obtains, or has obtained an
insurance product or service from a licensee that is to be used primarily for
personal, family or household purposes, and about whom the licensee has
nonpublic personal information, or that individual's legal
representative.
(b) Examples.
1. An individual who provides nonpublic
personal information to a licensee in connection with obtaining or seeking to
obtain financial, investment or economic advisory services relating to an
insurance product or service is a consumer regardless of whether the licensee
establishes an ongoing advisory relationship.
2. An applicant for insurance prior to the
inception of insurance coverage is a licensee's consumer.
3. An individual who is a consumer of another
financial institution is not a licensee's consumer solely because the licensee
is acting as agent for, or provides processing or other services to, that
financial institution.
4. An
individual is a licensee's consumer if the individual is:
a.
(I) A
beneficiary of a life insurance policy underwritten by the licensee;
(II) A claimant under an insurance policy
issued by the licensee;
(III) An
insured or an annuitant under an insurance policy or an annuity, respectively,
issued by the licensee; or
(IV) A
mortgagor of a mortgage covered under a mortgage insurance policy;
and,
b. The licensee
discloses nonpublic personal financial information about the individual to a
nonaffiliated third party other than as permitted under Rules
69O-128.014,
69O-128.015 and
69O-128.016,
F.A.C.
5. Provided that
the licensee provides the initial, annual and revised notices under Rules
69O-128.005,
69O-128.006 and
69O-128.009, F.A.C., to the plan
sponsor, group or blanket insurance policyholder or group annuity contract
holder or workers' compensation plan participant, and further provided that the
licensee does not disclose to a nonaffiliated third party nonpublic personal
financial information about such an individual other than as permitted under
Rules 69O-128.014, 69O-128.015 and 69O-128.016,
F.A.C., an individual is not the consumer of the licensee solely because he or
she is:
a. A participant or a beneficiary of
an employee benefit plan that the licensee administers or sponsors or for which
the licensee acts as a trustee, insurer or fiduciary;
b. Covered under a group or blanket insurance
policy or group annuity contract issued by the licensee; or
c. A beneficiary in a workers' compensation
plan.
6.
a. The individuals described in
sub-subparagraphs (5)(b)5.a. through c. of this paragraph, are consumers of a
licensee if the licensee does not meet all the conditions of subparagraph
(5)(b)5.
b. In no event shall the
individuals, solely by virtue of the status described in sub-subparagraphs
(5)(b)5.a. through c., above, be deemed to be customers for purposes of this
rule.
7. An individual is
not a licensee's consumer solely because he or she is a beneficiary of a trust
for which the licensee is a trustee.
8. An individual is not a licensee's consumer
solely because he or she has designated the licensee as trustee for a
trust.
(6)
"Consumer reporting agency" has the same meaning as in Section 603(f) of the
federal Fair Credit Reporting Act (15 U.S.C.
1681a(f)).
(7) "Control" means:
(a) Ownership, control or power to vote 25
percent or more of the outstanding shares of any class of voting security of
the company, directly or indirectly, or acting through one or more other
persons;
(b) Control in any manner
over the election of a majority of the directors, trustees or general partners
(or individuals exercising similar functions) of the company; or
(c) The power to exercise, directly or
indirectly, a controlling influence over the management or policies of the
company, as the Office determines.
(8) "Customer" means a consumer who has a
customer relationship with a licensee.
(9)
(a)
"Customer relationship" means a continuing relationship between a consumer and
a licensee under which the licensee provides one or more insurance products or
services to the consumer that are to be used primarily for personal, family or
household purposes.
(b) Examples.
1. A consumer has a continuing relationship
with a licensee if:
a. The consumer is a
current policyholder of an insurance product issued by or through the licensee;
or
b. The consumer obtains
financial, investment or economic advisory services relating to an insurance
product or service from the licensee for a fee.
2. A consumer does not have a continuing
relationship with a licensee if:
a. The
consumer applies for insurance but does not purchase the insurance;
b. The licensee sells the consumer airline
travel insurance or similar limited duration types of travel related insurance
in an isolated transaction not involving a continuing policyholder
relationship;
c. The individual is
no longer a current policyholder of an insurance product or no longer obtains
insurance services with or through the licensee;
d. The consumer is a beneficiary or claimant
under a policy and has submitted a claim under a policy choosing a settlement
option involving an ongoing relationship with the licensee;
e. The consumer is a beneficiary or a
claimant under a policy and has submitted a claim under that policy choosing a
lump sum settlement option;
f. The
customer's policy is lapsed, expired, or otherwise inactive or dormant under
the licensee's business practices, and the licensee has not communicated with
the customer about the relationship for a period of 12 consecutive months,
other than annual privacy notices, material required by law or rule,
communication at the direction of a state or federal authority, or promotional
materials;
g. The individual is an
insured or an annuitant under an insurance policy or annuity, respectively, but
is not the policyholder or owner of the insurance policy or annuity;
or
h. For the purposes of this
rule, the individual's last known address according to the licensee's records
is deemed invalid. An address of record is deemed invalid if mail sent to that
address by the licensee has been returned by the postal authorities as
undeliverable and if subsequent attempts by the licensee to obtain a current
valid address for the individual have been
unsuccessful.
(10)
(a)
"Financial institution" means any institution the business of which is engaging
in activities that are financial in nature or incidental to such financial
activities as described in Section 4(k) of the Bank Holding Company Act of 1956
(12 U.S.C.
1843(k)).
(b) Financial institution does not include:
1. Any person or entity with respect to any
financial activity that is subject to the jurisdiction of the Commodity Futures
Trading Commission under the Commodity Exchange Act (7 U.S.C. 1 et
seq.),
2. The Federal Agricultural
Mortgage Corporation or any entity charged and operating under the Farm Credit
Act of 1971 (12 U.S.C.
2001 et seq.); or
3. Institutions chartered by Congress
specifically to engage in securitizations, secondary market sales (including
sales of servicing rights) or similar transactions related to a transaction of
a consumer, as long as the institutions do not sell or transfer nonpublic
personal information to a nonaffiliated third
party.
(11)
(a) "Financial product or service" means a
product or service that a financial holding company could offer by engaging in
an activity that is financial in nature or incidental to such a financial
activity under Section 4(k) of the Bank Holding Company Act of 1956
(12 U.S.C.
1843(k)).
(b) Financial service includes a financial
institution's evaluation or brokerage of information that the financial
institution collects in connection with a request or an application from a
consumer for a financial product or service.
(12) "Health care" means:
(a) Preventive, diagnostic, therapeutic,
rehabilitative, maintenance or palliative care, services, procedures, tests or
counseling that:
1. Relates to the physical,
mental or behavioral condition of an individual; or
2. Affects the structure or function of the
human body or any part of the human body, including the banking of blood,
sperm, organs or any other tissue; or
(b) Prescribing, dispensing or furnishing to
an individual drugs or biologicals, or medical devices or health care equipment
and supplies.
(13)
"Health care provider" means a physician or other health care practitioner
licensed, accredited or certified to perform specified health services
consistent with state law, or a health care facility.
(14) "Health information" means any
information or data except age or gender, whether oral or recorded in any form
or medium, created by or derived from a health care provider or the consumer
that relates to:
(a) The past, present or
future physical, mental or behavioral health or condition of an
individual;
(b) The provision of
health care to an individual; or
(c) Payment for the provision of health care
to an individual.
(15)
(a) "Insurance product or service" means any
product or service that is offered by a licensee pursuant to the insurance laws
of this state.
(b) Insurance
service includes a licensee's evaluation, brokerage or distribution of
information that the licensee collects in connection with a request or an
application from a consumer for a insurance product or
service.
(16)
(a)
1.
"Licensee" means all licensed insurers, producers and other persons licensed or
required to be licensed, or authorized or required to be authorized, or
registered or required to be registered pursuant to the Florida Insurance
Code.
2. "Licensee" does not
include persons or entities regulated pursuant to Chapter 634,
F.S.
(b) A licensee is
not subject to the notice and opt out requirements for nonpublic personal
financial information set forth in these rules if the licensee is an employee,
agent or other representative of another licensee ("the principal"), and:
1. The principal otherwise complies with, and
provides the notices required by, the provisions of these rules; and,
2. The licensee does not disclose any
nonpublic personal information to any person, including the principal or its
affiliates, unless in a manner permitted by this rule.
(c)
1.
Subject to subparagraph (b)2., above, "licensee" shall also include an
unauthorized insurer that accepts business placed through a licensed surplus
lines agent in this state, but only in regard to the surplus lines placements
placed pursuant to Section
626.916, F.S.
2. A surplus lines agent, producing agent, or
surplus lines insurer shall be deemed to be in compliance with the notice and
opt out requirements for nonpublic personal financial information set forth in
these rules provided:
a. The surplus lines
agent, producing agent, or insurer does not disclose nonpublic personal
information of a consumer or a customer to nonaffiliated third parties for any
purpose, including joint servicing or marketing under Rule 69O-128.014, F.A.C.,
except as permitted by Rule 69O-128.015 or 69O-128.016, F.A.C.; and,
b. The surplus lines agent, producing agent
or insurer delivers a notice to the consumer at the time a customer
relationship is established on which the following is printed in 16-point type:
PRIVACY NOTICE
"Neither the U.S. brokers that handled this insurance nor the
insurers that have underwritten this insurance will disclose nonpublic personal
information concerning the buyer to nonaffiliates of the brokers or insurers
except as permitted by law."
(17)
(a)
"Nonaffiliated third party" means any person except:
1. A licensee's affiliate; or
2. A person employed jointly by a licensee
and any company that is not the licensee's affiliate (but nonaffiliated third
party includes the other company that jointly employs the
person).
(b)
Nonaffiliated third party includes any company that is an affiliate solely by
virtue of the direct or indirect ownership or control of the company by the
licensee or its affiliate in conducting merchant banking or investment banking
activities of the type described in Section 4(k)(4)(H) or insurance company
investment activities of the type described in Section 4(k)(4)(I) of the
federal Bank Holding Company Act (12 U.S.C.
1843(k) (4)(H) and
(I)).
(18) "Nonpublic
personal information" means nonpublic personal financial information and
nonpublic personal health information.
(19)
(a)
"Nonpublic personal financial information" means:
1. Personally identifiable financial
information; and,
2. Any list,
description or other grouping of consumers (and publicly available information
pertaining to them) that is derived using any personally identifiable financial
information that is not publicly available.
(b) Nonpublic personal financial information
does not include:
1. Health
information,
2. Publicly available
information, except as included on a list described in subparagraph (19)(a)2.
of this rule; or
3. Any list,
description or other grouping of consumers (and publicly available information
pertaining to them) that is derived without using any personally identifiable
financial information that is not publicly available.
(c) Examples of lists.
1. Nonpublic personal financial information
includes any list of individuals' names and street addresses that is derived in
whole or in part using personally identifiable financial information that is
not publicly available, such as account numbers.
2. Nonpublic personal financial information
does not include any list of individuals' names and addresses that contains
only publicly available information, is not derived in whole or in part using
personally identifiable financial information that is not publicly available,
and is not disclosed in a manner that indicates that any of the individuals on
the list is a consumer of a financial
institution.
(20) "Nonpublic personal health information"
means health information:
(a) That identifies
an individual who is the subject of the information; or
(b) With respect to which there is a
reasonable basis to believe that the information could be used to identify an
individual.
(21)
(a) "Personally identifiable financial
information" means any information:
1. A
consumer provides to a licensee to obtain an insurance product or service from
the licensee;
2. About a consumer
resulting from a transaction involving an insurance product or service between
a licensee and a consumer; or
3.
The licensee otherwise obtains about a consumer in connection with providing an
insurance product or service to a consumer.
(b) The following are examples of personally
identifiable financial information:
1.
Information a consumer provides to a licensee on an application to obtain an
insurance product or service;
2.
Account balance information and payment history;
3. The fact that an individual is or has been
one of the licensee's customers or has obtained an insurance product or service
from the licensee;
4. Any
information about the licensee's consumer if it is disclosed in a manner that
indicates that the individual is or has been the licensee's consumer;
5. Any information that a consumer provides
to a licensee or that the licensee or its agent otherwise obtains in connection
with collecting on a loan or servicing a loan;
6. Any information the licensee collects
through an Internet cookie (an information-collecting device from a web
server); and,
7. Information from a
consumer report.
(c)
Personally identifiable financial information does not include:
1. Health information;
2. A list of names and addresses of customers
of an entity that is not a financial institution; and,
3. Information that does not identify a
consumer, such as aggregate information or blind data that does not contain
personal identifiers such as account numbers, names or
addresses.
(22)
(a) "Publicly available information" means
any information that a licensee has a reasonable basis to believe is lawfully
made available to the general public from:
1.
Federal, state or local government records;
2. Widely distributed media; or
3. Disclosures to the general public that are
required to be made by federal, state or local law.
(b) Reasonable basis. A licensee has a
reasonable basis to believe that information is lawfully made available to the
general public if the licensee has taken steps to determine:
1. That the information is of the type that
is available to the general public; and,
2. Whether an individual can direct that the
information not be made available to the general public and, if so, that the
licensee's consumer has not done so.
(c) Examples.
1. Government records. Publicly available
information in government records includes information in government real
estate records and security interest filings.
2. Widely distributed media. Publicly
available information from widely distributed media includes information from a
telephone book, a television or radio program, a newspaper or a website that is
available to the general public on an unrestricted basis. A web site is not
restricted merely because an Internet service provider or a site operator
requires a fee or a password, so long as access is available to the general
public.
3. Reasonable basis.
a. A licensee has a reasonable basis to
believe that mortgage information is lawfully made available to the general
public if the licensee has determined that the information is of the type
included on the public record in the jurisdiction where the mortgage would be
recorded.
b. A licensee has a
reasonable basis to believe that an individual's telephone number is lawfully
made available to the general public if the licensee has located the telephone
number in the telephone book or the consumer has informed you that the
telephone number is not
unlisted.
Rulemaking Authority 624.308, 626.9651 FS. Law Implemented
624.307(1), 626.9651 FS.
New 12-16-01, Formerly
4-128.002.