2016 Florida Statutes
TITLE XXXVII - INSURANCE
Chapter 626 - INSURANCE FIELD REPRESENTATIVES AND OPERATIONS
Part I - INSURANCE REPRESENTATIVES: LICENSING PROCEDURES AND GENERALREQUIREMENTS (ss. 626.011-626.711)
626.692 - Restitution.
626.692 Restitution.—If any ground exists for the suspension, revocation, or refusal of a license or appointment, the department may, in addition to any other penalty authorized under this chapter, order the licensee to pay restitution to any person who has been deprived of money by the licensee’s misappropriation, conversion, or unlawful withholding of moneys belonging to insurers, insureds, beneficiaries, or others. In no instance shall the amount of restitution required to be paid under this section exceed the amount of money misappropriated, converted, or unlawfully withheld. Nothing in this section limits or restricts a person’s right to seek other remedies as provided for by law.
History.—s. 34, ch. 98-199; s. 954, ch. 2003-261; s. 52, ch. 2004-390.
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