The 2023 Florida Statutes (including Special Session C)

Title XXXVII
INSURANCE

Chapter 626
INSURANCE FIELD REPRESENTATIVES AND OPERATIONS

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F.S. 626.471

626.471 Termination of appointment.—

(1) Subject to an appointee’s contract rights, an appointing entity may terminate its appointment of any appointee at any time. Except when termination is upon a ground that would subject the appointee to suspension or revocation of his or her license and appointment under s. 626.611 or s. 626.621, and except as provided by contract between the appointing entity and the appointee, the appointing entity shall give at least 60 days’ advance written notice of its intention to terminate such appointment to the appointee by delivery thereof to the appointee in person, by mailing it postage prepaid, or by e-mail. If delivery is by mail or e-mail, the notice must be addressed to the appointee at his or her last mailing or e-mail address of record with the appointing entity. Notice is deemed to have been given when deposited in a United States Postal Service mail depository or when the e-mail is sent, as applicable.

(2) As soon as possible and at all events within 30 days after terminating the appointment of an appointee, other than as to an appointment terminated by the appointing entity’s failure to continue or renew it, the appointing entity shall file written notice thereof with the department, together with a statement that it has given the appointee notice thereof as provided in subsection (1) and shall file with the department the reasons and facts involved in such termination as required under s. 626.511.

(3) Upon termination of the appointment of an appointee, whether by failure to renew or continue the appointment, the appointing entity shall:

(a) File with the department the information required under s. 626.511.

(b) Subject to the exceptions provided under subsection (1), continue the outstanding contracts transacted by an agent until the expiration date or anniversary date when the policy is a continuous policy with no expiration date. This paragraph shall not be construed to prohibit the cancellation of such contracts when not otherwise prohibited by law.

(4) An appointee may terminate the appointment at any time by giving written or electronic notice thereof to the appointing entity, department, or person designated by the department to administer the appointment process. The department shall immediately terminate the appointment and notify the appointing entity of such termination. Such termination shall be subject to the appointee’s contract rights, if any.

(5) Upon receiving notice of termination, the department or person designated by the department to administer the appointment process shall terminate the appointment.

History.—s. 226, ch. 59-205; ss. 13, 35, ch. 69-106; s. 1, ch. 71-327; s. 6, ch. 72-34; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 3, ch. 81-282; ss. 2, 3, ch. 81-318; ss. 193(1st), 217, 807, 810, ch. 82-243; s. 13, ch. 85-208; ss. 44, 206, 207, ch. 90-363; s. 57, ch. 91-110; s. 4, ch. 91-429; s. 1, ch. 93-80; s. 229, ch. 97-102; s. 938, ch. 2003-261; s. 39, ch. 2003-267; s. 32, ch. 2003-281; s. 41, ch. 2004-390; s. 21, ch. 2019-140.

F.S. 626.471 on Google Scholar

F.S. 626.471 on Casetext

Amendments to 626.471

Arrestable Offenses / Crimes under Fla. Stat. 626.471

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 626.471.

Annotations, Discussions, Cases:

Cases from cite.case.law:

CORPORATE FINANCIAL, INC. O v. PRINCIPAL LIFE INSURANCE CO. v. O, 461 F. Supp. 2d 1274 (S.D. Fla. 2006)

. . . Stat. § 626.471(1). . . . Stat. § 626.471(1) to terminate CFI’s appointment on 60 days written notice. . . . Stat. § 626.471(1); rather, as discussed in section (i.) . . . Stat. § 626.471. . . . Stat. § 626.471. . . .

RUIZ v. FORTUNE INSURANCE COMPANY,, 677 So. 2d 1336 (Fla. Dist. Ct. App. 1996)

. . . December 19,1990, and filed notice to that effect with the Insurance Commissioner pursuant to section 626.471 . . .

CYCLE DEALERS INSURANCE, INC. a v. BANKERS INSURANCE COMPANY, a, 394 So. 2d 1123 (Fla. Dist. Ct. App. 1981)

. . . Count I of the complaint alleged that the termination was in violation of section 626.471, Florida Statutes . . . Cycle Dealers was bound by the termination clause contained in the agency agreement and that section 626.471 . . . Therefore, the 60-day statutory notice provision of section 626.471, Florida Statutes (1977), should . . . Section 626.471, Florida Statutes (1977), provides: (1) Subject to the agent’s contract rights, an insurer . . .