Florida Statutes, Rules, and Regulations Common to All Lines
Which outcomes does section 626.611 direct the department to impose when a listed ground is established?
Answer and explanation
Answer: A. Section 626.611 provides that the department shall deny an application for, suspend, revoke, or refuse to renew or continue the licence or appointment when a listed ground is found. Those are the outcomes the section names, so a warning, a penalty in lieu of licence action, or a referral to the insurer regulator does not answer it.Source: Fla. Stat. § 626.611 — 626.611, Departmental action on the licence
More florida statutes, rules, and regulations common to all lines questions
- An agent repeatedly misexplains basic policy mechanics to clients, causing them to buy unsuitable coverage. Which ground in section 626.611 fits most closely?
- An agent uses misleading comparisons to persuade a client to surrender an in-force life policy and buy a new one from a different insurer. Which practice is this?
- An agent uses the accumulated values in a client's existing policy to fund a new policy with the same insurer, earning fresh first-year commission, and cannot point to any reasoned benefit to the client. Which practice is this?
- An agent writes a life policy and adds a small ancillary coverage to the application, telling the applicant nothing about it, then collects the combined premium. Which practice does Florida law say this is?
- An agent's only appointment is terminated by the insurer while the licence remains valid. What may the agent do the next day?
- An alien insurer holds a subsisting Florida certificate of authority, and a domestic insurer's certificate has lapsed. How does Florida classify each?
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