State RegulationsFL specificDifficulty 2/5
Before the Department of Financial Services may suspend or revoke an agent's license for cause, what must the licensee receive?
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Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
Under Chapter 626, Florida Statutes, administrative discipline of a licensee requires notice of the grounds and an opportunity for a hearing before suspension or revocation is imposed. The same due-process framework applies to agency actions against insurers and financial institutions under Florida's administrative procedures.
Why the other options are wrong
- A) No replacement license is issued as part of the disciplinary process.
- B) Administrative hearings are conducted by hearing officers under Florida administrative procedure, not by juries.
- D) The appointing insurer's permission is irrelevant to DFS's disciplinary authority.
Memory hook
Notice first, hearing next, discipline last.