Which action might trigger a hearing by the Department of Financial Services?

Performing insurance transactions without a license is a serious violation of Florida insurance laws and regulations. The Department of Financial Services has the authority to enforce compliance with licensing requirements. Engaging in any insurance-related transactions without the proper licensure not only undermines the integrity of the insurance market but also places consumers at risk. Such actions can prompt the Department to initiate disciplinary proceedings, which may include a hearing to address the violation and determine appropriate penalties or corrective actions.

In contrast, while actions like recording transactions inaccurately, failing to renew a license, or taking a break from selling insurance may have consequences, they typically do not warrant the same level of immediate regulatory action as operating without a necessary license. The emphasis is on protecting the public and ensuring that only qualified individuals participate in insurance transactions.