Florida Statutes, Rules, and Regulations Common to All Lines
Why does section 626.901 reach a person who merely introduces Florida residents to an unauthorized insurer without handling paperwork?
Answer and explanation
Answer: C. Section 624.10(5) includes solicitation or inducement within transacting insurance, and section 626.901(1) prohibits representing or aiding an unauthorized insurer from within this state. An introduction that induces interest is therefore covered without any paperwork. It is not treated as effectuation, not every contact is regulated, and no fee is presumed.Source: Fla. Stat. § 624.10 — 624.10(5) read with 626.901(1)
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