Florida Administrative Code

Fla. Admin. Code R. 69O-184.008 (2026)

Retention of Premium by Agent to Pay Losses Prohibited

✓ current as of September 2026
Find cases: SyfertCases citing this section FLRulesflrules.org (official) ChapterChapter 69O-184 CornellLII Search CasesGoogle Scholar

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.

Rulemaking Authority 624.308 FS. Law Implemented 624.307(1), 626.581 FS. History–Repromulgated 12-24-74, Formerly 4-4.07, 4-4.007, 4-184.008.

Effective: 12/24/1974.