Florida Statutes 624.4417 – Certain sales prohibited
Current as of: 2024 | Check for updates
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(1) A multiple-employer welfare arrangement may not offer, advertise, or sell insurance coverage to the general public.
(2) As used in this section, a member of the general public is a person who:
For details, see Fla. Stat. § 775.082(3)(e)
(a) Purchases insurance directly from the arrangement or an agent rather than through an employer;
Attorney's Note
Under the Florida Statutes, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| Felony of the third degree | up to 5 years | up to $5,000 |
Terms Used In Florida Statutes 624.4417
- person: includes individuals, children, firms, associations, joint adventures, partnerships, estates, trusts, business trusts, syndicates, fiduciaries, corporations, and all other groups or combinations. See Florida Statutes 1.01
- Trustee: A person or institution holding and administering property in trust.
(b) Makes premium payments directly to the arrangement or through an agent rather than through an employer; or
(c) Is not employed by an employer subject to assessment.
(3) A person who violates this section is jointly and severally liable for the payment of assessments on behalf of any person who is sold coverage in violation of this section. A person to whom coverage is sold in violation of this section is not subject to assessment until the department determines that the assessment is not collectible in full from the agent, trustee, officer, or other person.