4658539, 69B-240.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 4658539

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

Division of Insurance Agent and Agency Services

Chapter:

Military Sales Practices

Overview

RULE:

69B-240.001

Military Sales Practices

PURPOSE:

The proposed rule chapter sets forth standards to protect active duty service members of the United States Armed Forces from dishonest and predatory insurance sales practices.

SUMMARY:

The Florida Legislature enacted Laws of Florida, Ch. 2007-199, s. 10, which created Section 626.9611(2), Florida Statutes. That statute requires the Department to adopt rules to protect members of the United States Armed Forces from dishonest or predatory insurance sales practices. The rules are to be based on NAIC model rules.

RULEMAKING AUTHORITY:

624.308(1), 626.9541(1), 626.9611(2) FS.

LAW:

626.307(1), 626.951, 626.9521, 626.9541(1), 626.9611 FS.

PRINT PUBLISH DATE:

9/28/2007 Vol. 33/39

COMMENTS:

From 9/28/2007 To 10/19/2007 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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