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DFS Discusses Navigator Registration

DFS Discusses Navigator Registration

The Florida Department of Financial Services has published a compliance reminder relating to the registration of navigators.  The following identifies the guidance recently published by DFS. What is a navigator? “Navigator” means an individual authorized by the Federally-Facilitated Exchange (Exchange), also known as the Marketplace to serve as a navigator, or who works on behalf […]

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DFS Summarizes Agent in Charge Requirements

DFS Summarizes Agent in Charge Requirements

The beginning of a new year is a good time to revisit the “agent in charge” requirement applicable to agency locations.  The Department of Financial Services has helped facilitate this review with a recent summary of the agent in charge requirements and responsibilities. Designation of Agent in Charge–  Each person operating an insurance agency, and […]

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DFS Outlines Steps for Closing an Agency

DFS Outlines Steps for Closing an Agency

For a variety of reasons, an agent operating an insurance agency might find it necessary to close the agency’s operations.  The Florida Department of Financial Services (DFS) recently identified three key steps that agents might overlook when closing an agency in Florida. Surrender the agency license.  First, DFS points out that the agent will need to […]

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