Florida Statutes, Rules, and Regulations Common to All Lines
Which body licenses and appoints Florida insurance agents and investigates their conduct?
Answer and explanation
Answer: D. Section 626.112(1) requires an agent to be licensed by the department, and section 20.121 places agent licensing and investigation with the Department of Financial Services under the Chief Financial Officer. The Office of Insurance Regulation licenses insurers rather than agents, the Commission oversees the two offices, and Financial Regulation covers banks, finance companies, and securities.Source: Fla. Stat. § 20.121 — 20.121(1) read with 626.112(1)
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