State RegulationsFL specificDifficulty 1/5
A replacing insurer in Florida receives Form OIR-B2-312 with a new application. Under F.A.C. 69B-151.007, how quickly must the replacing insurer forward the B2-312 copy to the existing insurer?
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Answer & full 3-part explanation (select an option above, or peek)
Why D is correct
Under F.A.C. 69B-151.007, the replacing insurer must immediately forward the copy of Form OIR-B2-312 to the existing insurer. Speed matters because the existing insurer has only 10 days after receiving the form to provide the Comparative Information Form under F.A.C. 69B-151.008, and delay at this step undermines the consumer's ability to compare the old and new contracts in time to act.
Why the other options are wrong
- A) Five working days is the window for mailing the Comparative Information Form OIR-B2-313 on request, not for forwarding the B2-312.
- B) Ten days is the existing insurer's deadline for responding with the B2-313, not the replacing insurer's forwarding deadline.
- C) No 30-day window applies to forwarding the notice; the rule says immediately.
Memory hook
B2-312: copy to the old insurer immediately.