Fla. Admin. Code Ann. R. 69O-136.014 - Rating Organizations
(1) An
application for a person applying for a license as a rating organization
consists of the following:
(a) Form
OIR-C1-PCR1, "Application for License Rating Organization," incorporated by
reference in Rule 69O-136.100, F.A.C.;
(b) Form OIR-C1-1416, "Uniform Certificate of
Authority Application (UCAA) Lines of Insurance," incorporated by reference in
Rule 69O-136.100, F.A.C.;
(c) The biographical information package as
defined in subsection
69O-136.100(3),
F.A.C.;
(d) Form OIR-C1-2221,
"Management Information Form," incorporated by reference in Rule
69O-136.100, F.A.C.
(2) A person applying for a
license as a rating organization shall submit forms in subsection (1) as
directed by the Office electronically at
https://www.floir.com/iportal.
(3)
Annual License Renewal
(a)
1. All rating organization licenses shall
expire on September 30.
2. Failure
to submit the application for continuance by September 30 shall result in
expiration of the license and will require the filing of a new application for
licensure.
(b) A
licensee seeking to continue operating as a rating organization shall submit
the following:
1. Form OIR-C1-PCR2, "License
Renewal Rating Organization," incorporated by reference in Rule
69O-136.100, F.A.C.;
2. Form OIR-C1-1416, "Uniform Certificate of
Authority Application (UCAA) Lines of Insurance," incorporated by reference in
Rule 69O-136.100, F.A.C.;
and
3. A fee of $25.00 filed
annually in conjunction with the license renewal.
(c) Any licensee who fails to renew a rating
organization license shall immediately cease and desist from engaging in the
rating organization business in the state of Florida.
Notes
Rulemaking Authority 624.308(1) FS. Law Implemented 624.307(1), 624.501(18), 627.221 FS.
New 5-20-90, Formerly 4-104.002, Formerly 4-170.021, 69O-170.021, Amended 1-7-24.
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