69O-184.008, F.A.C.

69O-184.008. Retention of Premium by Agent to Pay Losses Prohibited

Last amended: 1974Year: 2026Length: 48 wordsOfficial source

Cite as Fla. Admin. Code r. 69O-184.008

No company shall enter into or renew any contract or agreement with any agent or other representative which permits the representative or agent to retain any portion of premiums received for the payment of losses incurred, or to be incurred, under policies of insurance issued for said company.
69O-184.008, F.A.C.: 69O-184.008. Retention of Premium by Agent to Pay Losses Prohibited | Justis AI