Which entity regulates insurance agents in Florida?

Study for the Florida 20-44 Resident Personal Lines Agent License Exam. Utilize flashcards and multiple-choice questions, each with hints and explanations. Get ready for your exam!

The regulation of insurance agents in Florida falls under the jurisdiction of the Florida Department of Financial Services (FDFS). This department is responsible for overseeing various financial services, including insurance, ensuring that agents comply with state laws and regulations. The FDFS manages licensing, education, and consumer protection aspects within the insurance industry, making it a vital entity in maintaining the integrity and reliability of insurance practices in the state.

Each of the other options represents entities that have roles related to financial oversight or support, but they do not specifically regulate insurance agents. For instance, the Florida Department of Revenue focuses primarily on taxation and revenue collection rather than insurance regulation. The Florida Insurance Commission used to play a role in insurance oversight, but its functions have largely been absorbed by the Department of Financial Services. The National Association of Insurance Commissioners (NAIC) is an organization made up of state regulators that provides a forum for developing standards and best practices but does not regulate agents directly in any specific state.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy