Florida Statutes

Fla. Stat. § 626.734 (2025)

Corporations, liability of agent.

✓ 2025 Florida Statutes — current through the 2025 Regular Session
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626.734 Corporations, liability of agent.Any general lines insurance agent who is an officer, director, or stockholder of an incorporated general lines insurance agency shall remain personally and fully liable and accountable for any wrongful acts, misconduct, or violations of any provisions of this code committed by such licensee or by any person under his or her direct supervision and control while acting on behalf of the corporation. Nothing in this section shall be construed to render any person criminally liable or subject to any disciplinary proceedings for any act unless such person personally committed or knew or should have known of such act and of the facts constituting a violation of this chapter.
History.s. 4, ch. 63-20; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 3, ch. 81-282; ss. 2, 3, ch. 81-318; ss. 241, 807, 810, ch. 82-243; ss. 70, 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 242, ch. 97-102.
Notes of Decisions
Cited in 3 cases, 1983–1993 · leading case: Hartnett, Inc. v. Dep't of Ins. of State, 432 So. 2d 155 (Fla. 3d DCA 1983).
Hartnett, Inc. v. Dep't of Ins. of State, 432 So. 2d 155 (Fla. 3d DCA 1983). · cites it 7× “on the basis of Section 626.734, Florida Statutes (1981).”
Ganter v. Dep't of Ins., 620 So. 2d 202 (Fla. 1st DCA 1993). · cites it 18× “The department asserts that there was no requirement that it prove appellant had knowledge of his employee’s misconduct under section 626.734, Florida Statutes (1989), as it existed at the time of the alleged misconduct.”
Copeland Ins. Agency, Inc. v. Home Ins. Co., 502 So. 2d 93 (Fla. 5th DCA 1987). · cites it 2× “Section 626.734, Florida Statutes (1985) provides: Corporations, liability of agent.”
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