Florida Administrative Code
69 - DEPARTMENT OF FINANCIAL SERVICES
69O - OIR - Insurance Regulation
Chapter 69O-184 - INSURANCE IN CONNECTION WITH INSTALLMENT SALES
Section 69O-184.008 - Retention of Premium by Agent to Pay Losses Prohibited
Universal Citation: FL Admin Code R 69O-184.008
Current through Reg. 50, No. 187; September 24, 2024
No company shall enter into or renew any contract or agreement with any agent or other representative which permits the representative or agent to retain any portion of premiums received for the payment of losses incurred, or to be incurred, under policies of insurance issued for said company.
Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 626.581 FS.
Repromulgated 12-24-74, Formerly 4-4.07, 4-4.007, 4-184.008.
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