The bill amends section 626.7351 of the Florida Statutes, which outlines the qualifications necessary for obtaining a customer representative license in the insurance industry. The revised qualifications now include a new educational requirement, specifically that applicants must have a diploma from a Florida high school that includes 0.5 credit hours in Personal Finance and Money Management, 0.5 credit hours in Economics and Personal Finance, and 0.5 credit hours in Insurance and Personal Finance. This addition aims to ensure that prospective customer representatives have a foundational understanding of financial principles and insurance concepts.

In addition to the new educational requirements, the bill maintains existing qualifications related to various professional designations and degrees in insurance. The department is tasked with adopting rules to establish standards for the approval of curriculum related to these qualifications. The act is set to take effect on July 1, 2026.

Statutes affected:
H 1343 Filed: 626.7351