(1) Subject to rules and regulations which have been approved by the office as reasonable, each rating organization shall permit any insurer, not a member, to subscribe to its rating services. As to property and marine rating organizations, an insurer shall be so permitted to subscribe to rating services for any kind of insurance, subdivision thereof, or class of risk or a part or combination thereof for which the rating organization is authorized so to act. As to casualty and surety rating organizations, an insurer shall be so permitted to subscribe to rating services for any kind of insurance or subdivision thereof for which the rating organization is authorized so to act. The rating organization shall give notice to subscribers of proposed changes in such rules and regulations.
(2) The reasonableness of any rule or regulation in its application to subscribers, or the refusal of any rating organization to admit an insurer as a subscriber, shall, at the request of any subscriber or any such insurer, be reviewed by the office. If the office finds that such rule or regulation is unreasonable in its application to subscribers, it shall order that such rule or regulation shall not be applicable to subscribers. If the rating organization fails to grant or reject an insurer’s application for subscribership within 30 days after it was made, the insurer may request a review by the office as if the application had been rejected. If the office finds that the insurer has been refused admittance to the rating organization as a subscriber without justification, it shall order the rating organization to admit the insurer as a subscriber. If it finds that the action of the rating organization was justified, it shall make an order affirming its action.
(3) Each rating organization shall furnish its rating services without discrimination to its members and subscribers.
History.—s. 433, ch. 59-205; ss. 13, 35, ch. 69-106; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 21, ch. 78-95; ss. 2, 3, ch. 81-318; ss. 357, 809(2nd), ch. 82-243; ss. 49, 79, ch. 82-386; s. 114, ch. 92-318; s. 1091, ch. 2003-261.
Structure Florida Statutes
Chapter 627 - Insurance Rates and Contracts
Part I - Rates and Rating Organizations (Ss. 627.011-627.381)
627.031 - Purposes of this part; interpretation.
627.0612 - Administrative proceedings in rating determinations.
627.0621 - Transparency in rate regulation.
627.0625 - Commercial property and casualty risk management plans.
627.06281 - Public hurricane loss projection model; reporting of data by insurers.
627.0629 - Residential property insurance; rate filings.
627.06291 - Excess profits of residential property insurer; return.
627.06292 - Reports of hurricane loss data and associated exposure data; public records exemption.
627.06501 - Insurance discounts for certain persons completing driver improvement course.
627.0651 - Making and use of rates for motor vehicle insurance.
627.0652 - Insurance discounts for certain persons completing safety course.
627.0653 - Insurance discounts for specified motor vehicle equipment.
627.06535 - Electric vehicles; restrictions on imposing surcharges.
627.0654 - Insurance discounts for buildings with fire sprinklers.
627.0655 - Policyholder loss or expense-related premium discounts.
627.066 - Excessive profits for motor vehicle insurance prohibited.
627.0665 - Automatic bank withdrawal agreements; notification required.
627.072 - Making and use of rates.
627.091 - Rate filings; workers’ compensation and employer’s liability insurances.
627.0915 - Rate filings; workers’ compensation, drug-free workplace, and safe employers.
627.0916 - Agricultural horse farms.
627.092 - Workers’ Compensation Administrator.
627.093 - Application of s. 286.011 to workers’ compensation and employer’s liability insurances.
627.096 - Workers’ Compensation Rating Bureau.
627.101 - When filing becomes effective; workers’ compensation and employer’s liability insurances.
627.111 - Effective date of filing.
627.1615 - Workers’ compensation applicant discrimination.
627.191 - Adherence to filings; workers’ compensation and employer’s liability insurances.
627.192 - Workers’ compensation insurance; employee leasing arrangements.
627.211 - Deviations; workers’ compensation and employer’s liability insurances.
627.212 - Workplace safety program surcharge.
627.215 - Excessive profits for commercial property and commercial casualty insurance prohibited.
627.221 - Rating organizations; licensing; fee.
627.231 - Subscribers to rating organizations.
627.251 - Bureau rules not to affect dividends.
627.261 - Actuarial and technical services.
627.285 - Independent actuarial peer review of workers’ compensation rating organization.
627.301 - Advisory organizations.
627.311 - Joint underwriters and joint reinsurers; public records and public meetings exemptions.
627.312 - Transitional provisions.
627.3121 - Public records and public meetings exemptions.
627.313 - Workers’ Compensation Joint Underwriting Plan; audit requirements.
627.314 - Concerted action by two or more insurers.
627.331 - Recording and reporting of loss, expense, and claims experience; rating information.
627.351 - Insurance risk apportionment plans.
627.3511 - Depopulation of Citizens Property Insurance Corporation.
627.3512 - Recoupment of residual market deficit assessments.
627.3513 - Standards for sale of bonds by Citizens Property Insurance Corporation.
627.3515 - Market assistance plan; property and casualty risks.
627.3518 - Citizens Property Insurance Corporation policyholder eligibility clearinghouse program.
627.352 - Security of data and information technology in Citizens Property Insurance Corporation.
627.357 - Medical malpractice self-insurance.