Final answer:
Insurance agents in Florida must be licensed by the state to transact insurance policies, according to the policies set by state insurance regulators who aim to manage insurance costs and coverage.
Step-by-step explanation:
To transact insurance policies in Florida, insurance agents must be licensed by the state. This is part of the overall government regulation of insurance in the United States, which is managed at the state level. The criteria listed for various positions, such as being a natural-born citizen, attaining a certain age, or living in the state you will represent, pertain to different government offices and are not requirements for insurance agents.
The licensing process is overseen by state insurance regulators, who are part of the National Association of Insurance Commissioners. Their goals include keeping insurance prices low and ensuring widespread coverage, though these objectives can sometimes be at odds or influenced by political factors.