Florida Administrative Code › 69 - DEPARTMENT OF FINANCIAL SERVICES › 69B - Division of Insurance Agent and Agency Services › Chapter 69B-231 - PENALTY GUIDELINES FOR INSURANCE REPRESENTATIVES › Section 69B-231.100 - Penalties for Violations of Sections 626.621(6), 626.844(5), or 626.9541, F.S

Current through Reg. 50, No. 138; July 16, 2024
The following stated penalties shall apply for violations
				  under sections  626.621(6),
				   626.844(5), or
				   626.9541, F.S., for engaging in
				  unfair methods of competition or in unfair or deceptive acts or practices, as
				  defined in any of the following paragraphs of section
				   626.9541(1),
				  F.S.:
(1) Section
				 626.9541(1)(a),
				F.S. - suspension for 12 months.
(2) Section
				 626.9541(1)(b),
				F.S. - suspension for 6 months.
(3)
				Section  626.9541(1)(c),
				F.S. - suspension for 3 months.
(4)
				Section  626.9541(1)(d),
				F.S. - suspension for 3 months.
(5)
				Section  626.9541(1)(e),
				F.S. - suspension for 6 months; except that the penalty for a violation of
				section 626.9541(1)(e)1., F.S., shall be a suspension for 12 months.
(6) Section
				 626.9541(1)(f),
				F.S. - suspension for 3 months.
(7)
				Section  626.9541(1)(g),
				F.S. - suspension for 6 months.
(8)
				Section  626.9541(1)(h),
				F.S. - suspension for 6 months.
(9)
				Section  626.9541(1)(i),
				F.S. - suspension for 6 months.
(10) Section
				 626.9541(1)(j),
				F.S. - suspension for 3 months.
(11) Section
				 626.9541(1)(k),
				F.S. - suspension for 9 months.
(12) Section
				 626.9541(1)(l),
				F.S. - suspension for 12 months.
(13) Section
				 626.9541(1)(m),
				F.S. - suspension for 3 months.
(14) Section
				 626.9541(1)(n),
				F.S. - suspension for 6 months.
(15) Section
				 626.9541(1)(o),
				F.S. - suspension for 6 months.
(16) Section
				 626.9541(1)(p),
				F.S. - suspension for 3 months.
(17) Section
				 626.9541(1)(q),
				F.S. - suspension for 3 months.
(18) Section
				 626.9541(1)(r),
				F.S. - suspension for 3 months.
(19) Section
				 626.9541(1)(s),
				F.S. - suspension for 3 months.
(20) Section
				 626.9541(1)(t),
				F.S. - suspension for 3 months.
(21) Section
				 626.9541(1)(u),
				F.S. - suspension for 9 months.
(22) Section
				 626.9541(1)(v),
				F.S. - suspension for 3 months.
(23) Section
				 626.9541(1)(w),
				F.S. - suspension for 6 months.
(24) Section
				 626.9541(1)(x),
				F.S. - suspension for 6 months.
(25) Section
				 626.9541(1)(y),
				F.S. - suspension for 6 months.
(26) Section
				 626.9541(1)(z),
				F.S. - suspension for 6 months.
(27) Section
				 626.9541(1)(aa),
				F.S. - suspension for 9 months.
(28) Section
				 626.9541(1)(bb),
				F.S. - suspension for 3 months.
(29) Section
				 626.9541(1)(cc),
				F.S. - suspension for 6 months.
(30) Section
				 626.9541(1)(ee),
				F.S. - suspension for 12 months.
(31) Section
				 626.9541(1)(ff),
				F.S. - suspension for 12 months.
Rulemaking Authority
					 624.308(1),
					 626.207(8),
					 626.9957(12),
					 626.9958 FS. Law Implemented
					  624.307(1),
					  624.308,
					  626.207,
					  626.621,
					  626.844,
					  626.9541(1),
					  626.9957 FS.
New 7-13-93, Formerly 4-231.100, Amended 8-15-06, 8-12-10,
					 9-10-14, 1-30-19.