A NATIONAL UNDERWRITER COMPANY
 

Florida Agencies Get "Legal" With Licensure Bill

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Editor’s Note: A law passed during the waning days of the 2005 legislative session required all insurance agencies operating in Florida to apply for licensure or registration by October 1, 2006. Until its passage, Florida had been the only state in the country that did not have some form of agency licensing. State regulators had long sought the bill, claiming it was necessary to protect consumers from being taken advantage of by individuals engaged in illegal or unethical conduct. While agent groups supported the bill in general, they fought hard for a “grandfather” registration clause for some existing agencies.

Recommended Stories

PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
  • Terms of Service
  • Privacy Policy

    • Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.