News & Updates

insurance agents

Credit Card Fees by Agents

Travis Miller discusses the issue of charging credit card fees by insurance agents.

DFS Cautions Against Unauthorized Charges

DFS Cautions Against Unauthorized Charges

The Florida Department of Financial Services has issued guidance to agents regarding unlawful or unauthorized charges.  The department advises that it has received an increasing number of inquiries from Florida agents asking if they can charge fees for services ancillary to placing insurance, such as issuing certificates of coverage.  The department responds that charging these types […]

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DFS Proposes Changes to Licensee Penalty Rules

DFS Proposes Changes to Licensee Penalty Rules

The Florida Department of Financial Services has proposed changes to rule 69B-231.020, which establishes the scope of licensees subject to the penalty provisions of rule chapter 69B-231.  The rule currently specifies that the chapter applies to insurance agents, customer representatives, adjusters, navigators and service representatives licensed under Chapter 626 of the Florida Insurance Code.  The […]

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