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Fla. Stat. § 626.9361

Failure to file report; administrative penalty

Known as the Unauthorized Insurers Process Law

The act spans §§ 626.011 to 626.9958 (368 sections).

History.--s. 34, ch. 92-146; s. 11, ch. 2001-213; s. 1024, ch. 2003-261.

Any eligible surplus lines insurer who fails to file a report in the form and within the time required or provided for in the Surplus Lines Law may be fined up to $500 per day for each day such failure continues, beginning the day after the report was due, until the date the report is received. Failure to file a report may also result in withdrawal of eligibility as a surplus lines insurer in this state. All sums collected by the department under this section shall be deposited into the Insurance Regulatory Trust Fund.

Official source: Online Sunshine (Florida Legislature). Reproduced from public-domain Florida statutes; confirm against the official source for the current text. Not legal advice.