Fla. Stat. 626.5715
Parity of regulation of insurance agents and agencies

The Insurance Code requirements apply equally to all insurance transactions as between an insurance agency owned by or an agent associated with a federally chartered financial institution, an insurance agency owned by or an agent associated with a state-chartered financial institution, and an insurance agency owned by or an agent associated with an entity that is not a financial institution. Except as provided in the code, one insurance agency or agent is not subject to more stringent or less stringent regulation than another insurance agency or agent on the basis of the regulatory status of the entity that owns the agency or is associated with the agent. For the purposes of this section, a person is “associated with” another entity if the person is employed by, retained by, under contract to, or owned or controlled by the entity directly or indirectly. This section does not apply with respect to a financial institution that is prohibited from owning an insurance agency or that is prohibited from being associated with an insurance agent under state or federal law.

Source: Section 626.5715 — Parity of regulation of insurance agents and agencies, https://www.­flsenate.­gov/Laws/Statutes/2024/0626.­5715 (accessed Aug. 7, 2025).

626.011
Short title 626.015
Definitions 626.016
Powers and duties of department, commission, and office 626.022
Scope of part 626.025
Consumer protections 626.112
License and appointment required 626.141
Violation not to affect validity of insurance 626.161
Licensing forms 626.171
Application for license as an agent, customer representative, adjuster, service representative, or reinsurance intermediary 626.172
Application for insurance agency license 626.173
Insurance agency closure 626.175
Temporary licensing 626.181
Number of applications for licensure required 626.191
Repeated applications 626.201
Investigation 626.202
Fingerprinting requirements 626.207
Disqualification of applicants and licensees 626.211
Approval, disapproval of application 626.221
Examination requirement 626.231
Eligibility 626.241
Scope of examination 626.251
Time and place of examination 626.261
Conduct of examination 626.266
Printing of examinations or related materials to preserve examination security 626.271
Examination fee 626.281
Reexamination 626.291
Examination results 626.292
Transfer of license from another state 626.301
Form and contents of licenses, in general 626.311
Scope of license 626.321
Limited licenses and registration 626.322
License, appointment 626.331
Number of appointments permitted or required 626.341
Additional appointments 626.342
Furnishing supplies to unlicensed agent prohibited 626.371
Payment of fees, taxes for appointment period without appointment 626.381
Renewal, continuation, reinstatement, or termination of appointment 626.382
Continuation, expiration of license 626.0428
Agency personnel powers, duties, and limitations 626.431
Effect of expiration of license and appointment 626.441
License or appointment 626.451
Appointment of agent or other representative 626.461
Continuation of appointment of agent or other representative 626.471
Termination of appointment 626.511
Reasons for termination 626.536
Reporting of administrative actions 626.541
Firm, corporate, and business names 626.551
Notice of change of address, name 626.561
Reporting and accounting for funds 626.571
Delinquent agencies 626.572
Rebating 626.581
Commissions contingent upon adjustment savings 626.591
Penalty for violation of s 626.593
Insurance agent 626.601
Improper conduct 626.602
Insurance agency and adjusting firm names 626.611
Grounds for compulsory refusal, suspension, or revocation of agent’s, title agency’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment 626.621
Grounds for discretionary refusal, suspension, or revocation of agent’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment 626.631
Procedure for refusal, suspension, or revocation of license 626.641
Duration of suspension or revocation 626.651
Effect of suspension, revocation upon associated licenses and appointments and licensees and appointees 626.661
Surrender of license 626.681
Administrative fine in lieu of or in addition to suspension, revocation, or refusal of license, appointment, or disapproval 626.691
Probation 626.692
Restitution 626.711
Retaliatory provision, agents 626.2415
Annual report of results of life insurance examinations 626.2815
Continuing education requirements 626.2816
Regulation of continuing education for licensees, course providers, instructors, school officials, and monitor groups 626.2817
Regulation of course providers, instructors, and school officials involved in prelicensure education for insurance agents and other licensees 626.5715
Parity of regulation of insurance agents and agencies 626.6115
Grounds for compulsory refusal, suspension, or revocation of insurance agency license 626.6215
Grounds for discretionary refusal, suspension, or revocation of insurance agency license 626.6515
Effect of suspension or revocation upon associated agencies

Current through Fall 2025

§ 626.5715. Parity of regulation of insurance agents & agencies's source at flsenate​.gov