“Transact” with respect to insurance includes any of the following, in addition to other applicable provisions of this code:

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   (1) Solicitation or inducement.

   (2) Preliminary negotiations.

   (3) Effectuation of a contract of insurance.

   (4) Transaction of matters subsequent to effectuation of a contract of insurance and arising out of it.

s. 10, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; s