Fla. Stat. 626.8457
Administrative fine in lieu of suspension or revocation of license or appointment

(1)

If the department finds that one or more grounds exist for the suspension of, revocation of, or refusal to renew or continue any license or appointment issued under this act, the department may, in its discretion, in lieu of suspension, revocation, or refusal, and except on a second offense or when such suspension, revocation, or refusal is mandatory, impose upon the licensee or appointee an administrative penalty in the amount of $500 or, if the department has found willful misconduct or willful violation on the part of the licensee or appointee, in the amount of $2,500. The administrative penalty may, in the discretion of the department, be augmented by an amount equal to any commissions received by the licensee or appointee in connection with transactions as to which the grounds for suspension, revocation, or refusal related.

(2)

The department may allow the licensee or appointee a reasonable period, not to exceed 30 days, within which to pay to the department the amount of the penalty so imposed. If the licensee or appointee fails to pay the penalty in its entirety to the department within the period allowed, the license and appointments of the licensee shall stand suspended or revoked or its renewal or continuation shall stand refused, as the case may be, upon expiration of such period and without any further proceeding.

Source: Section 626.8457 — Administrative fine in lieu of suspension or revocation of license or appointment, https://www.­flsenate.­gov/Laws/Statutes/2024/0626.­8457 (accessed Aug. 7, 2025).

626.841
Definitions 626.842
Credit and character reports 626.843
Renewal, continuation, reinstatement, termination of title insurance agent’s and title insurance agency’s appointments 626.844
Grounds for discretionary refusal, suspension, or revocation of license or appointment 626.845
Cancellation of license 626.846
Probation 626.847
Penalty for refusal to testify 626.8411
Application of Florida Insurance Code provisions to title insurance agents or agencies 626.8412
License and appointments required 626.8413
Title insurance agents 626.8414
Qualifications for examination 626.8417
Title insurance agent licensure 626.8418
Application for title insurance agency license 626.8419
Appointment of title insurance agency 626.8421
Number of appointments permitted or required 626.8423
Investigation of applicants for license or renewal or continuation 626.8427
Number of applications for licensure required 626.8433
Filing of reasons for terminating appointments of title insurance agent and title insurance agency 626.8437
Grounds for denial, suspension, revocation, or refusal to renew license or appointment 626.8443
Duration of suspension or revocation 626.8447
Effect of suspension or revocation upon other licensees, appointees 626.8453
Penalty for violation 626.8457
Administrative fine in lieu of suspension or revocation of license or appointment 626.8463
Witnesses and evidence 626.8467
Testimony compelled 626.8473
Escrow 626.84195
Confidentiality of information supplied by title insurance agencies and insurers 626.84201
Nonresident title insurance agents

Current through Fall 2025

§ 626.8457. Admin. fine in lieu of suspension or revocation of license or appointment's source at flsenate​.gov