Fla. Admin. Code R. 69O-196.005 (2026)

(1) A surety bond in the amount of $35,000.00 may be filed with the Office by premium finance companies in conjunction with a $10,000 minimum net worth; and all filings shall be submitted electronically to https://www.floir.com/iportal.

(2) Such surety bond must be written by an insurer authorized to do business in this state.

Rulemaking Authority 624.308(1), 627.828(2) FS. Law Implemented 624.424, 627.828 FS. History–New 10-20-73, Repromulgated 12-24-74, Formerly 4-18.05, 4-18.005, Amended 8-29-99, Formerly 4-196.005, Amended 7-30-17, 5-24-21.

Effective: 5/24/2021.