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CAPITAL NAT. FINANCIAL v. DEPT. OF INS.

No. 96-826.

690 So.2d 1335 (1997)

CAPITAL NATIONAL FINANCIAL CORPORATION, Appellant, v. DEPARTMENT OF INSURANCE AND TREASURER, Appellee.

District Court of Appeal of Florida, Third District.

March 12, 1997.

Attorney(s) appearing for the Case

Tew & Beasley and Alberto R. Cardenas and Matias R. Dorta, Miami, for appellant.

Christopher J. Karo, Tallahassee, and James B. Redner and Michael H. Davidson, for appellee.

Before JORGENSON, FLETCHER and SHEVIN, JJ.

SHEVIN, Judge.

Capital National Financial Corporation, a premium finance company, appeals a final order of the Department of Insurance ruling that Capital violated section 627.8405(1), Florida Statutes (1993). We reverse.

The Department issued a notice of intent not to renew Capital's license for violation of section 627.8405(1). That section states, in pertinent part, that "[n]o premium finance company shall, in a premium finance agreement, provide financing...

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