Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-184 - INSURANCE IN CONNECTION WITH INSTALLMENT SALES
Section 69O-184.007 - Claims; Method of Handling

Universal Citation: FL Admin Code R 69O-184.007
Current through Reg. 50, No. 187; September 24, 2024

Adjustment of claims shall be made in accordance with policy terms by qualified representatives of the insurance company. No plan or arrangement should be entered into whereby any person, firm or corporation, other than the company, pays or repays, either directly or indirectly, any losses or claims on policy issued by the company. All claim payments shall be made either by draft drawn upon the insurance company or by check of the insurance company to the order of the claimant to whom payment of claim is due, pursuant to the policy conditions, or upon direction of such claimant to whom payment of claim is due, pursuant to the policy conditions, or upon direction of such claimant to one specified as payee.

Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 626.877 FS.

Repromulgated 12-24-74, Formerly 4-4.06, 4-4.006, 4-184.007.

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