A law change adopted in the 2018 legislative session and affecting managing general agents took effect July 1, 2018. With this law change, the Florida Department of Financial Services will no longer issue managing general agents’ licenses. However, individuals and firms currently holding licenses will be allowed to keep them. Going forward, individuals acting as […]
The Florida Department of Financial Services indicates that if a licensee under Chapter 626 undergoes a change in ownership or control, or if a new partner, officer or director is named, the licensee must file fingerprints for the new owner, partner, officer or director within 30 days of the change. DFS advises that the scope of […]