WebNov 8, 2024 · The Florida Supreme Court invalidated the state’s anti-rebate laws because they imposed an unjustifiable barrier to competitive pricing. The court determined that notwithstanding the “Legislature’s interest in … WebJun 11, 2024 · AM Best: Florida’s Property Insurance Market Hit 5-Year Financial Low in 2024. “Already there is a lot of positive as a result of this bill,” Altmaier said. He said …
Div. 69O: OIR – Insurance Regulation - Florida Administrative …
WebNov 8, 2013 · You may also mail the appropriate documents to us at: Florida Department of Financial Services. Division of Agent and Agency Services. Bureau of Licensing. 200 E. Gaines Street, Room 419. Tallahassee, FL 32399-0319. [See 626.451 (7), 626.536, 626.621 (13), and 626.6215 (6), Florida Statutes] WebJun 10, 2024 · June 10, 2024. As insurance rates continue to skyrocket in Florida, state legislators passed a law that aims to stop the price hikes, but will affect roofing in Florida and potentially other states in the process. Florida Gov. Ron DeSantis signed Senate Bill 2-D on May 26, which includes measures to provide relief to insurance companies ... binhan funeral home wa
Chapter 626 Section 572 - 2011 Florida Statutes - The …
Webinsurance premiums and which also repealed the bank-insurance prohibition among other things. In 1984 the Dade County Court of Appeals struck down Florida's anti-rebating … WebRebating can cause a myriad of problems for both the agent and the insured; however, there are circumstances in which rebating can be legal if performed properly. (Florida Statutes Section 626.572 on rebating is quoted below.) To briefly summarize, first, the insurer must allow rebating and must have a rebating schedule from the agent on file. WebSep 29, 2024 · It's a term used in the insurance industry to describe the process of returning a portion of an insurance premium to the policyholder with the desire to induce an insurance sale. Rebating can be done in various ways, including cash back, discounts on future premiums, or refunds. This article will discuss rebating in insurance, how it … bin hamster cage