Fla. Admin. Code R. 69O-201.008

Current through Reg. 50, No. 253; December 31, 2024

Section 69O-201.008 - Application for Certificate Authority and Annual Renewal

(1) Application for Certificate of Authority as a Legal Expense Insurance Corporation.

(a) An application for a person applying for a certificate of authority as a legal expense insurance corporation consists of the following:

1. Form OIR-C1-480, "Application for Certificate of Authority Legal Expense Insurance," effective 07/23, available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16224;

2. Form OIR-A3-478, "Legal Expense Insurance Corporation Surety Bond," effective 07/23, available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16220;

3. Form OIR-C1-144, incorporated by reference in Rule 69O-136.100, F.A.C.;

4. Form OIR-C1-905, incorporated by reference in Rule 69O-136.100, F.A.C.;

5. Form OIR-C1-938, incorporated by reference in Rule 69O-136.100, F.A.C.;

6. Form OIR-C1-1423, incorporated by reference in Rule 69O-136.100, F.A.C.;

7. Form OIR-C1-0500, incorporated by reference in Rule 69O-136.100, F.A.C.;

8. Form OIR-C1-0501, incorporated by reference in Rule 69O-136.100, F.A.C.;

9. Form OIR-C1-0502, incorporated by reference in Rule 69O-136.100, F.A.C.;

10. Form OIR-C1-0503, incorporated by reference in Rule 69O-136.100, F.A.C.;

11. Form OIR-C1-0504, incorporated by reference in Rule 69O-136.100, F.A.C.;

12. Form OIR-C1-0505, incorporated by reference in Rule 69O-136.100, F.A.C.;

13. Form OIR-C1-0506, incorporated by reference in Rule 69O-136.100, F.A.C.;

14. Form OIR-C1-0507, incorporated by reference in Rule 69O-136.100, F.A.C.; and

15. Form OIR-C1-2221 incorporated by reference in Rule 69O-136.100, F.A.C.;

(b) A person applying for a certificate of authority as a legal expense insurance corporation shall submit forms listed in paragraph (1)(a) as directed by the Office electronically at https://www.floir.com/iportal.

(2) Annual Renewal

(a)

1. A legal expense insurance corporation's certificate of authority shall continue in force as long as the legal expense insurance corporation is in compliance with the provisions of Chapter 642, F.S.

2. Failure to submit the application for continuance by June 1 shall result in expiration of the certificate of authority and will require the filing of a new application for licensure.

(b) The qualified certificate of authority holder seeking to continue operating as a legal expense insurance corporation shall submit Form OIR-A3-1077, "Application for License Continuance Legal Expense Insurance," effective 07/23, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16223, at https://www.floir.com/iportal; and

(c) The legal expense insurance corporation shall honor those contracts in force until the date of expiration or the date of cancellation and a refund is made to the consumer.

Fla. Admin. Code Ann. R. 69O-201.008

Rulemaking Authority 624.308(1), 642.021(2) FS. Law Implemented 624.404, 642.019, 642.021, 642.032 FS.

New 6-23-92, Formerly 4-201.008, Amended by Florida Register Volume 47, Number 091, May 11, 2021 effective 5/25/2021, Amended by Florida Register Volume 49, Number 244, December 19, 2023 effective 1/4/2024.

New 6-23-92, Formerly 4-201.008, Amended 5-25-21, 1-4-24.