The Florida Senate

626.172  Application for insurance agency license.--

(1)  If any majority owner, partner, officer, or director of an insurance agency:

(a)  Has been found guilty of, or has pleaded guilty or nolo contendere to, a felony relating to the business of insurance in this state or any other state or federal court, regardless of whether a judgment of conviction has been entered by the court having jurisdiction of such cases; or

(b)  Has been denied a license relating to the business of insurance, or has had his or her license to practice or conduct any regulated profession, business, or vocation relating to the business of insurance revoked or suspended, by this or any other state, any nation, any possession or district of the United States, or any court, or any lawful agency thereof;

the insurance agency and any subsidiary or branch thereof shall obtain a license from the department pursuant to this section.

(2)  The application for an insurance agency license shall include:

(a)  The name of each majority owner, partner, officer, and director of the insurance agency.

(b)  The residence address of each person required to be listed in the application under paragraph (a).

(c)  The name of the insurance agency and its principal business address.

(d)  The location of each agency office and the name under which each agency office conducts or will conduct business.

(e)  The name of each agent to be in full-time charge of an agency office and specification of which office.

(f)  The name of any person to whom subsection (1) applies.

(g)  Such additional information as the department requires by promulgated rule to ascertain the trustworthiness and competence of persons required to be listed on the application and to ascertain that such persons meet the requirements of this code.

History.--ss. 161, 807, ch. 82-243; ss. 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 213, ch. 97-102.