28449632, 69O-207.001 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 28449632

Notice of Proposed Rule

Department:

DEPARTMENT OF FINANCIAL SERVICES

Division:

OIR – Insurance Regulation

Chapter:

GENERAL PROVISIONS FOR SPECIALTY INSURERS

Overview

RULE:

69O-207.001

Late Filed Reports - Fine Schedule

PURPOSE:

Rule 69O-207.001, F.A.C., is amended to update citations to updated statutes. These changes also allow for the Office to assess greater fines for violations of failing to file an annual report.

SUMMARY:

Rule 69O-207.001 lists the schedule under which the Office assess per-day and maximum fines for violations of failure to file an annual report. This amendment removes outdated citations to repealed law, corrects citations where the statutes have been amended, and adds alternative maximums for willful and nonwillful violations.

RULEMAKING AUTHORITY:

624.308(1), 624.4331, 626.8991, 634.021, 634.137, 634.302, 634.402, 641.36, 641.403, 651.015(3), F.S.

LAW:

624.307(1), 624.424, 624.442(5), 626.681(1)-(2), 626.894(2)-(3), 627.833, 634.137(3), 634.313(3), 634.415(3), 641.26(4), 641.41(2), 642.0338(2), 651.012(2)(c), 651.026(1), F.S.

PRINT PUBLISH DATE:

6/14/2024 Vol. 50/117

COMMENTS:

From 6/14/2024 To 7/5/2024 (21 Days)

REFERENCE MATERIALS:

No reference(s).

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