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Florida Statutes (Last Updated: April 21, 2021) |
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TITLE XXXVII. INSURANCE |
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CHAPTER 648. BAIL BOND AGENTS |
Latest version.
- 1(1) 2Each insurer and each bail bond agent who writes bail bonds in this state, shall maintain and transmit the following information, based on their Florida bail bond business, to the department or office when requested and shall report the information separately for each company represented but only insurers shall report the information specified in paragraphs (a), (l), and (m):61(a) 62Commissions paid.64(b) 65The number of, and the total dollar amount of, bonds executed.76(c) 77The number of, and the total dollar amount of, bonds declared forfeited.89(d) 90The number of, and the total dollar amount of, forfeitures discharged, remitted, or otherwise recovered prior to payment for any reason.111(e) 112The number of, and the total dollar amount of, forfeitures discharged, remitted, or otherwise recovered prior to payment due to the apprehension of the defendant by the bail bond agent.142(f) 143The number of, and the total dollar amount of, judgments entered.154(g) 155The number of, and the total dollar amount of, forfeitures paid and subsequently recovered from the court by discharge or remission or otherwise.178(h) 179A list of every outstanding or unpaid forfeiture, estreature, and judgment, with the case number and the name of the court in which such forfeiture, estreature, or judgment is recorded and the name of each agency or firm that employs the bail bond agent.223(i) 224The number of, and the total dollar amount of, bonds for which collateral was accepted.239(j) 240The actual realized value of collateral converted, excluding the cost of converting the collateral.254(k) 255The cost of converting collateral.260(l) 261The underwriting gain or loss.266(m) 267The net investment gain or loss allocated to the flow of funds associated with Florida business.283(n) 284Such additional information as the department or office may require in order to:2971. 298Evaluate the reasonableness of rates or assure that such rates are not excessive or unfairly discriminatory.3142. 315Evaluate the financial condition or trade practices of bail bond agents and sureties executing bail bonds.3313. 332Evaluate the performance of the commercial bail bond industry in accordance with appropriate criminal justice system goals and standards.
351Each bail bond agent shall submit a copy of such information to each insurer he or she represents.
369(2) 370Any person who intentionally fails to provide the information in this section when requested by the department or office, intentionally provides incorrect or misleading information, or intentionally omits any required information commits a misdemeanor of the first degree, punishable as provided in s. 413775.082 414or s. 416775.083417.
History.-ss. 13, 72, ch. 82-175; ss. 14, 50, 51, ch. 84-103; s. 5, ch. 87-321; s. 84, ch. 89-360; ss. 15, 46, 47, ch. 90-131; s. 4, ch. 91-429; s. 15, ch. 96-372; s. 1656, ch. 2003-261.
