This bill amends section 626.7351 of the Florida Statutes to revise the qualifications for applicants seeking a license as an insurance customer representative. Notably, it introduces new requirements that include the completion of a diploma from a Florida high school, which must encompass an insurance and personal finance course as outlined in the newly created section 1003.4207. Additionally, the bill specifies that applicants can also qualify through various professional designations related to insurance, provided they meet the established criteria.
Furthermore, the bill establishes section 1003.4207, which mandates the Department of Education, in collaboration with the Department of Financial Services, to develop a 0.5 credit course in insurance and personal finance by January 1, 2027. This course is intended for use by school districts starting in the 2027-2028 school year and must include a thorough analysis of basic property and casualty lines of insurance, aligning with the instructional requirements set forth in section 626.7351(3). The act is set to take effect on January 1, 2027.
Statutes affected: S 1504 Filed: 626.7351
S 1504 c1: 626.7351