Florida § 626.7453 Managing general agents; errors and omissions insurance

Florida Statutes

§ 626.7453 — Managing general agents; errors and omissions insurance

Florida § 626.7453

TitleXXXVII

Ch. 626INSURANCE FIELD REPRESENTATIVES AND OPERATIONS

This text of Florida § 626.7453 (Managing general agents; errors and omissions insurance) is published on Counsel Stack Legal Research, covering Florida primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fla. Stat. § 626.7453 (2026).

Text

As a part of the appointment process, the insurer appointing the managing general agent shall certify that, upon investigation and to the best of the insurer’s knowledge and belief, the proposed managing general agent has obtained errors and omissions insurance in an amount acceptable to the insurer appointing the managing general agent. This section does not apply to a managing general agent that is a controlled or controlling person.

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As a part of the appointment process, the insurer appointing the managing general agent shall certify that, upon investigation and to the best of the insurer’s knowledge and belief, the proposed managing general agent has obtained errors and omissions insurance in an amount acceptable to the insurer appointing the managing general agent. This section does not apply to a managing general agent that is a controlled or controlling person.