Fla. Stat. § 626.7453

Current through Chapter 299 of the 2024 Legislative Session
Section 626.7453 - Managing general agents; errors and omissions insurance

As a part of the appointment process, the insurer appointing the managing general agent shall certify that, upon investigation and to the best of the insurer's knowledge and belief, the proposed managing general agent has obtained errors and omissions insurance in an amount acceptable to the insurer appointing the managing general agent. This section does not apply to a managing general agent that is a controlled or controlling person.

Fla. Stat. § 626.7453

ss. 86, 207, ch. 90-363; s. 4, ch. 91-429.