2015 Florida Regulations 69O-184.008: Retention of Premium by Agent to Pay Losses Prohibited
Current as of: 2015 | Check for updates
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Effective date: 12/24/1974
No company shall enter into or renew any contract or agreement with any agent or other representative which permits the representative or agent to retain any portion of premiums received for the payment of losses incurred, or to be incurred, under policies of insurance issued for said company.
Specific Authority 624.308 FS. Law Implemented 624.307(1), 626.581 FS. History-Repromulgated 12-24-74, Formerly 4-4.07, 4-4.007, 4-184.008.