Fla. Stat. 634.413
Administrative fine in lieu of suspension or revocation

If the office finds that one or more grounds exist for the discretionary revocation or suspension of a certificate of authority issued under this part, the office may, in lieu of such suspension or revocation, impose a fine upon the insurer or service warranty association in an amount not to exceed $1,000 per violation; however, if it is found that an insurer or service warranty association has knowingly and willfully violated a lawful rule or order of the commission or office or a provision of this part, the office may impose a fine upon the insurer or association in an amount not to exceed $10,000 for each violation.

Source: Section 634.413 — Administrative fine in lieu of suspension or revocation, https://www.­flsenate.­gov/Laws/Statutes/2024/0634.­413 (accessed Aug. 7, 2025).

634.44
Appeals from orders of the department or office 634.401
Definitions 634.402
Powers of department, commission, and office 634.403
License required 634.404
Qualifications for license 634.405
Required deposit or bond 634.406
Financial requirements 634.407
Application for and issuance of license 634.408
License continuance 634.409
Grounds for suspension or revocation of license 634.411
Order 634.412
Duration of suspension 634.413
Administrative fine in lieu of suspension or revocation 634.414
Forms 634.415
Tax on premiums 634.416
Examination of associations 634.417
Service of process 634.419
License and appointment required 634.420
License and appointment of sales representatives 634.421
Reporting and accounting for funds 634.422
Grounds for compulsory refusal, suspension, or revocation of license or appointment of sales representatives 634.423
Grounds for discretionary refusal, suspension, or revocation of license or appointment of sales representatives 634.424
Procedure for refusal, suspension, or revocation of license or appointment of sales representatives 634.425
Duration of suspension or revocation 634.426
Administrative fine in lieu of suspension or revocation of license or appointment 634.427
Disposition of taxes and fees 634.428
Insurance business not authorized 634.429
Fronting not permitted 634.430
Dissolution or liquidation 634.431
Penalty for violation 634.433
Civil remedy 634.435
Unfair methods of competition and unfair or deceptive acts or practices prohibited 634.436
Unfair methods of competition and unfair or deceptive acts or practices defined 634.437
Power of department and office to examine and investigate 634.438
Prohibited practices 634.439
Cease and desist and penalty orders 634.441
Penalty for violation of cease and desist order 634.442
Injunctive proceedings 634.443
Civil liability 634.444
Investigatory records 634.4025
Part exclusive 634.4051
Levy upon deposit limited 634.4061
Assets and liabilities 634.4062
Prohibited investments and loans 634.4065
Guarantee agreements 634.4085
Acquisition 634.4145
Noncompliant forms 634.4165
Office records required 634.4225
Rebating 634.4385
Unauthorized entities

Current through Fall 2025

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