Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-136 - APPLICATION PROCEDURES FOR COMPANIES SEEKING TO DO BUSINESS IN FLORIDA
Section 69O-136.014 - Rating Organizations

Universal Citation: FL Admin Code R 69O-136.014

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

(1) An application for a person applying for a license as a rating organization consists of the following:

(a) Form OIR-C1-PCR1, incorporated by reference in Rule 69O-136.100, F.A.C.;

(b) Form OIR-C1-905, incorporated by reference in Rule 69O-136.100, F.A.C.;

(c) Form OIR-C1-938, incorporated by reference in Rule 69O-136.100, F.A.C.;

(d) Form OIR-C1-1416, incorporated by reference in Rule 69O-136.100, F.A.C.;

(e) Form OIR-C1-1423, incorporated by reference in Rule 69O-136.100, F.A.C.;

(f) Form OIR-C1-0500, incorporated by reference in Rule 69O-136.100, F.A.C.;

(g) Form OIR-C1-0501, incorporated by reference in Rule 69O-136.100, F.A.C.;

(h) Form OIR-C1-0502, incorporated by reference in Rule 69O-136.100, F.A.C.;

(i) Form OIR-C1-0503, incorporated by reference in Rule 69O-136.100, F.A.C.;

(j) Form OIR-C1-0504, incorporated by reference in Rule 69O-136.100, F.A.C.;

(k) Form OIR-C1-0505, incorporated by reference in Rule 69O-136.100, F.A.C.;

(l) Form OIR-C1-0506, incorporated by reference in Rule 69O-136.100, F.A.C.;

(m) Form OIR-C1-0507, incorporated by reference in Rule 69O-136.100, F.A.C.;

(n) Form OIR-C1-0509, incorporated by reference in Rule 69O-136.100, F.A.C.; and

(o) Form OIR-C1-2221, incorporated by reference in Rule 69O-136.100, F.A.C.

(2) A person applying for a license as a rating organization shall submit forms in subsection (1) as directed by the Office electronically at https://www.floir.com/iportal.

(3) Annual License Renewal

(a)
1. All rating organization licenses shall expire on September 30.

2. Failure to submit the application for continuance by September 30 shall result in expiration of the license and will require the filing of a new application for licensure.

(b) A licensee seeking to continue operating as a rating organization shall submit the following:
1. Form OIR-C1-PCR2, incorporated by reference in Rule 69O-136.100, F.A.C.;

2. Form OIR-C1-1416, incorporated by reference in Rule 69O-136.100, F.A.C.; and

3. A fee of $25.00 filed annually in conjunction with the license renewal.

(c) Any licensee who fails to renew a rating organization license shall immediately cease and desist from engaging in the rating organization business in the state of Florida.

Rulemaking Authority 624.308(1) FS. Law Implemented 624.307(1), 624.501(18), 627.221 FS.

New 5-20-90, Formerly 4-104.002, Formerly 4-170.021, 69O-170.021, Amended 1-7-24.

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