Who?
This individual oversees the DFS
CFO - Chief Financial Officer
You are seeking this license which allows you to sell and/or service insurance policies.
PL - 2044
You act with knowledge of wrongdoing.
Intentional or Willful Violator
If I am rejected by private insurers but still need to show FR what company will I procure insurance?
FAJUA
How many days notice for cancellation for non payment are required by insurer to notify the insured?
10 days
This group reviews rules, rates, and forms.
OIR - Office of Insurance Regulation
Continuing Education must be completed every ___ years.
2
If you receive this order you must stop what you are doing immediately.
Cease and Desist
Maximum split liability limit allowed within FAJUA
100/300/50
State Fund to support insolvent insurers.
FIGA - Florida Insurance Guarantee Association
This group monitors Surplus Lines
Florida Surplus Lines Service Office - FSLSO
If you no longer have an appointment how many months do you have to secure a new one?
48 Months
Max fine for an Intentional/Willful Violator
No maximum
What triggers the FR Law?
Vehicle inoperable has to be towed
DUI
HO6 loss assessment coverage and deductible
$2K with a $250 deductible
This office monitors financial well being of insurance companies.
OIR - Office of Insurance Regulation
This is required to "transact" insurance on your employers' behalf.
Appointment
If you represent an unauthorized insurer you are charged with this
3rd Degree Felony
What are the servicing carriers responsibilities?
Accept Applications
Issue Policies
Collect Premiums
Pay Losses
For Flood this is maximum coverage you can elect for Dwelling and Contents within the regular program.
$250K and $100K
This is an outsourced HR that handle administrative functions for employers.
PEO - Professional Employer Organization
You must complete a ____ hour course.
________ state exam.
Submit __________ for background check.
_______ for license.
60
Pass
Fingerprints
Apply
If there is a violation done unknowingly or unintentional each infraction will cost you ______ with a maximum of ______.
$1K and $10K
DP1 and DP3
HO8, HO3, HO4, and HO6
The wind mitigation discount was established within the DFS which allows the following individuals to complete inspections whom are they? (4)
Building Inspector
Architect
Engineer
Building Code Official