69O-136.075, F.A.C.

69O-136.075. Merger or Conversion of a Reciprocal Insurer

Last amended: 2025Year: 2026Length: 94 wordsOfficial source

Cite as Fla. Admin. Code r. 69O-136.075

(1) A reciprocal insurer may merge with another reciprocal insurer or be converted to a stock or mutual insurer, by filing Form OIR-C1-153, “Application for Merger or Conversion Reciprocal Insurer,” incorporated by reference in Rule 69O-136.100, F.A.C. (2) A retaliatory application fee shall be submitted pursuant to section 624.5091, F.S. The retaliatory fee is the greater of: (a) The amount that the applicant’s domiciliary state or country would charge a Florida domestic insurer making application in the applicant’s state or country of domicile; or (b) The Florida application fee pursuant to section 624.501(1)(a), F.S.
69O-136.075, F.A.C.: 69O-136.075. Merger or Conversion of a Reciprocal Insurer | Justis AI