The purpose of this rule chapter is to establish standards and procedures for administrative supervision of insurers in unsound condition or which are engaging in methods or practices which render the continuance of business hazardous to the public or insureds.
Rulemaking Authority Florida Statutes § 624.308(1). Law Implemented 624.307(1), 624.80-624.87 FS. History-New 1-30-91, Formerly 4-93.001, Amended 5-5-92, Formerly 4-141.001.