The Florida Senate

626.935  Suspension, revocation, or refusal of surplus lines agent's license.--

(1)  The department shall suspend, revoke, or refuse to renew the license of a surplus lines agent and all other licenses held by the licensee under this code, upon any one or more of the following grounds:

(a)  Removal of the licensee's office from the state.

(b)  Removal of the accounts and records of his or her surplus lines business from this state during the period when such accounts and records are required to be maintained under s. 626.930.

(c)  Closure of the licensee's office for a period of more than 30 consecutive days.

(d)  Failure to make and file his or her quarterly reports when due as required by s. 626.931.

(e)  Failure to pay the tax on surplus lines premiums, as provided for in this Surplus Lines Law.

(f)  Failure to maintain the bond as required by s. 626.928.

(g)  Suspension, revocation, or refusal to renew or continue the license as a general lines agent, service representative, or managing general agent.

(h)  Lack of qualifications as for an original surplus lines agent's license.

(i)  Violation of this Surplus Lines Law.

(j)  For any other applicable cause for which the license of a general lines agent could be suspended, revoked, or refused under s. 626.611.

(2)  The department may, in its discretion, suspend, revoke, or refuse to renew the license of any surplus lines agent upon any applicable ground for which a general lines agent's license could be suspended, revoked, or refused under s. 626.621.

(3)  In the suspension or revocation of, or the refusal to renew, the license of a surplus lines agent, the department shall follow the same procedures, as applicable, as provided for suspension, revocation, or refusal of licenses of general lines agents, but subject to s. 626.936 as to failure to file a quarterly report or pay the tax.

(4)  The following sections also apply, to the extent so applicable, as to surplus lines agents:

(a)  Section 626.641.

(b)  Section 626.651.

(c)  Section 626.661.

(d)  Section 626.681.

(e)  Section 626.691.

History.--s. 374, ch. 59-205; ss. 13, 35, ch. 69-106; s. 21, ch. 78-95; s. 2, ch. 81-318; ss. 314, 318, 807, ch. 82-243; ss. 179, 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 310, ch. 97-102.