Florida Senate - 2012                        COMMITTEE AMENDMENT
       Bill No. SB 1620
       
       
       
       
       
       
                                Barcode 160704                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/02/2012           .                                
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       The Committee on Banking and Insurance (Richter) recommended the
       following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 211 - 245
    4  and insert:
    5         3. To a full-time salaried employee of a licensed general
    6  lines agent or to a business entity that offers travel planning
    7  services if insurance sales activities authorized by the license
    8  are in connection with, and incidental to, travel.
    9         a. A license issued to a business entity that offers travel
   10  planning services must encompass each office, branch office, or
   11  place of business making use of the entity’s business name in
   12  order to offer, solicit, and sell insurance pursuant to this
   13  paragraph.
   14         b. The application for licensure must list the name,
   15  address, and phone number for each office, branch office, or
   16  place of business that is to be covered by the license. The
   17  licensee shall notify the department of the name, address, and
   18  phone number of any new location that is to be covered by the
   19  license before the new office, branch office, or place of
   20  business engages in the sale of insurance pursuant to this
   21  paragraph. The licensee shall notify the department within 30
   22  days after the closing or terminating of an office, branch
   23  office, or place of business. Upon receipt of the notice, the
   24  department shall delete the office, branch office, or place of
   25  business from the license.
   26         c. A licensed and appointed entity is directly responsible
   27  and accountable for all acts of the licensee’s employees and
   28  parties with whom the licensee has entered into a contractual
   29  agreement to offer travel insurance.
   30  
   31  A licensee shall require each individual employee who offers
   32  policies or certificates under subparagraph 2. or subparagraph
   33  3. this subparagraph to receive initial training from a general
   34  lines agent or an insurer authorized under chapter 624 to
   35  transact insurance within this state. For an entity applying for
   36  a license as a travel insurance agent, the fingerprinting
   37  requirement of this section applies only to the president,
   38  secretary, and treasurer and to any other officer or person who
   39  directs or controls the travel insurance operations of the
   40  entity.