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Fingerprints, Background Checks for Florida Insurance Execs, Directors, Stockholders?

Florida insurance company officers, employees, board members and even stockholders would have to undergo background checks and fingerprinting under a wide-ranging bill approved by a state House panel Wednesday morning.

House Bill 1263, sponsored by state Rep. Linda Chaney, R-St. Petersburg, would authorize the Office of Insurance Regulation to require insurers and proposed insurers to submit full sets of fingerprints to a state law enforcement agency. The background checks could be used by OIR to deny or revoke carriers’ certificates of authority, the bill notes.