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-231.150 - Criminal Proceedings

Current through Reg. 50, No. 138; July 16, 2024
(1) If a licensee
				was convicted or found guilty of, or has entered a plea of guilty or nolo
				contendere (no contest) to, regardless of adjudication, a felony or a crime
				punishable by imprisonment of one year or more under the laws of the United
				States of America, or of any state thereof or under the laws of any other
				country, the penalty shall be revocation or suspension for 24 months of all
				licenses and appointments held by the licensee. However, if the licensee is a
				title insurance agent, the penalty shall be revocation or suspension for 12
				months of the title insurance agent license or appointment. The terms of
				suspension and revocation and the conditions for reapplying for licensure are
				contained in sections
				 626.641,
				 626.8443, and
				 626.207, F.S.
(2)
(a) In
				accordance with section
				 626.207, F.S., any licensee that
				was convicted or found guilty, or entered a plea of guilty or nolo contendere
				(no contest) to, regardless of adjudication, a first degree felony, a capital
				felony, a felony involving money laundering, fraud or embezzlement, or a felony
				directly related to the financial services business, is permanently barred from
				applying for reinstatement of any revoked or suspended license and from
				applying for any license under the Florida Insurance Code.
(b) In accordance with section
				 626.207, F.S., any licensee that
				was convicted or found guilty of, or entered a plea of guilty or nolo
				contendere (no contest) to, regardless of adjudication, a felony involving
				moral turpitude not specifically included in paragraph (2)(a) of this rule or
				section  626.207(2),
				F.S., is prohibited from applying for reinstatement of any revoked or suspended
				license, and prohibited from applying for any other license under the Florida
				Insurance Code for a period of 15-years (subject to modification pursuant to
				rule  69B-211.042, F.A.C.). The
				disqualifying period shall start on the date of the licensee's final release
				from supervision or the completion date of the licensee's criminal sentence,
				whichever occurs later. The Department shall not issue a license unless all
				related fines, court costs and fees, and court-ordered restitution have been
				paid.
(c) In accordance with
				section  626.207, F.S., any licensee that
				has been convicted or found gulity of, or entered a plea of guilty or nolo
				contendere (no contest) to, regardless of adjudication, a felony not involving
				moral turpitude, is prohibited from applying for reinstatement of a revoked or
				suspended license and from applying for any license under the Florida Insurance
				Code for a period of 7 years. The disqualifying period shall start on the date
				of the licensee's final release from supervision or the completion date of the
				licensee's criminal sentence, whichever occurs later. The Department shall not
				issue a license unless all related fines, court costs and fees, and
				court-ordered restitution have been paid.