Delete
FL
237123
5-Hour Law and Ethics Update - Bail Bonds - CE5-237
Section
1
REGULATORY AWARENESS
Lesson
1
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10
Department Communication and Miscellaneous
Page
1
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10
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1
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[<b>]Department Communication[</b>] The Department of Financial Services uses various channels to communicate with licensees, including the following: [<p id="2" />] [<b>]My Profile[</b>] "MyProfile" is your interface with the Florida Department of Financial Services' Division of Agent and Agency Services. Your account is tailored to you. It's your licensing and compliance, at your convenience. [<p />] [<b>]Website[</b>] The website for insurance agent information is located at http://www.myfloridacfo.com/ and contains Information and help for industry professionals and organizations regulated, managed, or licensed by the Department of Financial Services. [<p />] A weekly newsletter, “Dollars and Sense”, is available via e-mail and will keep you up-to-date on the latest news affecting the citizens of Florida. The "Florida's Bottom Line" quarterly newsletter provides information on the status of Florida's financial health and future economic outlook. The home page of the web site has a link to register for these publications. [<p />] [<b>]Insurance Insight[</b>] Insurance Insight is a monthly newsletter that is distributed via e-mail by the Division of Agent and Agency Services. The current and prior editions of the newsletter can be accessed at http://www.myfloridacfo.com/Division/Agents/Newsletter/default.htm. [<p />] [<b>]Unauthorized Entities[</b>] Representing unauthorized entities is prohibited under Florida §626.901. Unauthorized entities engaging in insurance are a serious and growing problem in Florida and agents representing unauthorized entities place themselves and their clients at risk. The statutes provide for penalties for agents representing or aiding an unauthorized insurer and there are agent requirements to perform due diligence.