This section has been created to assist you in keeping your insurance business in compliance. The items are intended as reminders only. Note: Division publications may include references to the Florida Statutes and/or the Florida Administrative Code. The laws noted in our publications are/were in effect at the time of publication but may have been repealed, amended or replaced and new laws may have been enacted subsequently
Adjusters - Working Together
All Lines Adjusters - Company, Independent and Emergency
In the weeks that have passed since Hurricane Irma impacted our state, several concerns have been raised alleging many all-lines adjusters representing insurers are violating the Florida Insurance Code by excluding the public adjusters from meetings with the insured and failing to to notify them of scheduled inspections.
Please be reminded that when working with insureds and their public adjusters:
We've also heard that a few public adjusters have made interaction between the insurer, insured and public adjuster more difficult than necessary and are not following statutory guidelines.
Please be reminded when dealing with insurers and their appointed adjusters during the claims process:
Are You CLUED In?
The answers to this puzzle may be found throughout the newsletter. The complete answer key can be found on the Contact Us page.
3. Federal agency that provides assistance after a disaster
7. Theft of insurance premiums
10. Lt. Clasen received the Outstanding Law Enforcement ________of the Year Award.
11. Who was honored for his work on a fraud case involving sober homes?
12. Can be called on to provide one on one insurance expertise
1. Title agencies must pay this by 1/30/17
2. This type of agent can also adjust claims.
4. Where can licensees update their contact info?
5. ______ has driven up car insurance rates in FL.
6. This license type is going away.
8. The Bureau of Fire & _______ Investigations flew to Puerto Rico.
9. How many names were added to the Fallen Firefighter Memorial this year?
Subsection 624.501(27)(e)2, F.S., requires any title insurance agency licensed in Florida on January 1 of each year to remit an administrative surcharge of $200 to the Florida Department of Financial Services. Therefore, we are reminding all title agencies that the 2018 administrative surcharge due date will soon be approaching.
Any title insurance agency licensed in Florida on January 1, 2018, will be emailed a reminder a few days afterward to the agency's email address on file with the Department. To ensure you receive the invoice and avoid failing to pay by the January 30 due date, please log in to the MyProfile account for your title agency and make sure the correct email address is on file. While doing so, we also recommend you do the same for your individual MyProfile account.
Occasionally we discover agencies that were not aware of the reminder because of the retirement or termination of the employee assigned to monitor the email address provided to the Department. Failure to open the email sent by the Department containing the administrative surcharge reminder does not release an agency from the January 30 deadline. Please verify your information soon so this does not happen to you. If you need our assistance, you may contact us at AgentLicensing@MyFloridaCFO.com to assist you through the steps to update your information. Be proactive; do not procrastinate.
Failure to pay the surcharge on or before January 30, 2018 will result in administrative action which could include a fine, in addition to the original surcharge. Payment must be made securely online via the title agency's MyProfile account. Paper checks are not accepted.
Department licensees and consumers can access compliance information at the Division of Insurance Agent and Agency Services' web page Compliance Information. Additional information is available by type of license at our Frequently Asked Questions web page.
Note: Some information in archived articles may now be out of date or superseded by changes in Florida law. Please be sure you refer to the most current law.