(1) Application for Certificate of Authority as a Legal Expense Insurance Corporation.

Terms Used In Florida Regulations 69O-201.008

  • Continuance: Putting off of a hearing ot trial until a later time.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
    (a) An application for a person applying for a certificate of authority as a legal expense insurance corporation consists of the following:
    1. Form OIR-C1-480, “”Application for Certificate of Authority Legal Expense Insurance,”” effective 07/23, available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16224;
    2. Form OIR-A3-478, “”Legal Expense Insurance Corporation Surety Bond,”” effective 07/23, available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16220;
    3. Form OIR-C1-144, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    4. Form OIR-C1-905, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    5. Form OIR-C1-938, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    6. Form OIR-C1-1423, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    7. Form OIR-C1-0500, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    8. Form OIR-C1-0501, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    9. Form OIR-C1-0502, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    10. Form OIR-C1-0503, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    11. Form OIR-C1-0504, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    12. Form OIR-C1-0505, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    13. Form OIR-C1-0506, incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    14. Form OIR-C1-0507, incorporated by reference in Fl. Admin. Code R. 69O-136.100; and
    15. Form OIR-C1-2221 incorporated by reference in Fl. Admin. Code R. 69O-136.100;
    (b) A person applying for a certificate of authority as a legal expense insurance corporation shall submit forms listed in paragraph (1)(a) as directed by the Office electronically at https://www.floir.com/iportal.
    (2) Annual Renewal
    (a)1. A legal expense insurance corporation’s certificate of authority shall continue in force as long as the legal expense insurance corporation is in compliance with the provisions of Florida Statutes Chapter 642
    2. Failure to submit the application for continuance by June 1 shall result in expiration of the certificate of authority and will require the filing of a new application for licensure.
    (b) The qualified certificate of authority holder seeking to continue operating as a legal expense insurance corporation shall submit Form OIR-A3-1077, “”Application for License Continuance Legal Expense Insurance,”” effective 07/23, hereby incorporated by reference and available at http://www.flrules.org/Gateway/reference.asp?No=Ref-16223, at https://www.floir.com/iportal; and
    (c) The legal expense insurance corporation shall honor those contracts in force until the date of expiration or the date of cancellation and a refund is made to the consumer.
Rulemaking Authority Florida Statutes § 624.308(1), 642.021(2) FS. Law Implemented 624.404, 642.019, 642.021, 642.032 FS. History-New 6-23-92, Formerly 4-201.008, Amended 5-25-21, 1-4-24.