Florida Statutes
Chapter 624 - Insurance Code: Administration and General Provisions
Part III - Authorization of Insurers and General Requirements (Ss. 624.401-624.491)

624.40711 - Restrictions on insurers that are wholly owned subsidiaries of insurers to do business in state. - (1) A new certificate of authority for the transaction of...

624.4073 - Officers and directors of insolvent insurers. - History.—s. 13, ch. 2002-25; s. 11, ch. 2018-102.

624.408 - Surplus required; current insurers. - (1) To maintain a certificate of authority to transact any...

624.4085 - Risk-based capital requirements for insurers. - (1) As used in this section, the term: (a) “Adjusted...

624.40851 - Confidentiality of risk-based capital information. - (1) The initial risk-based capital report and any adjusted risk-based...

624.4094 - Bail bond premiums. - (1) The Legislature finds that a significant portion of bail...

624.4095 - Premiums written; restrictions. - (1) Whenever an insurer’s ratio of actual or projected annual...

624.410 - Permissible insuring combinations without additional capital funds. - History.—s. 54, ch. 59-205; ss. 13, 35, ch. 69-106; s....

624.411 - Deposit requirement; domestic insurers and foreign insurers. - (1) As to domestic insurers, the office shall not issue...

624.412 - Deposit of alien insurers. - (1) An alien insurer shall not have authority to transact...

624.413 - Application for certificate of authority. - (1) To apply for a certificate of authority, an insurer...

624.4135 - Redomestication. - History.—s. 3, ch. 2000-370; s. 793, ch. 2003-261.

624.414 - Issuance or refusal of authority. - History.—s. 58, ch. 59-205; s. 1, ch. 65-242; ss. 13,...

624.415 - Ownership of certificate of authority; return. - History.—s. 59, ch. 59-205; ss. 13, 35, ch. 69-106; s....

624.416 - Continuance, expiration, reinstatement, and amendment of certificate of authority. - (1) A certificate of authority issued under this code shall...

624.418 - Suspension, revocation of certificate of authority for violations and special grounds. - (1) The office shall suspend or revoke an insurer’s certificate...

624.420 - Order, notice of suspension or revocation of certificate of authority; effect; publication. - (1) Suspension or revocation of an insurer’s certificate of authority...

624.421 - Duration of suspension; insurer’s obligations during suspension period; reinstatement. - (1) Suspension of an insurer’s certificate of authority shall be...

624.4211 - Administrative fine in lieu of suspension or revocation. - (1) If the office finds that one or more grounds...

624.4212 - Confidentiality of proprietary business and other information. - (1) As used in this section, the term “proprietary business...

624.4213 - Trade secret documents. - (1) If any person who is required to submit documents...

624.422 - Service of process; appointment of Chief Financial Officer as process agent. - (1) Each licensed insurer, whether domestic, foreign, or alien, shall...

624.423 - Serving process. - (1) Service of process upon the Chief Financial Officer as...

624.424 - Annual statement and other information. - (1)(a) Each authorized insurer shall file with the office full...

624.4241 - NAIC filing requirements. - (1) Each domestic, foreign, and alien insurer who is authorized...

624.4243 - Reporting of premium growth. - (1) Each insurer that has been authorized to transact property...

624.4245 - Change in controlling interest of foreign or alien insurer; report required. - History.—s. 1, ch. 70-323; s. 3, ch. 76-168; s. 1,...

624.425 - Agent countersignature required, property, casualty, surety insurance. - (1) Except as stated in s. 624.426, no authorized property,...

624.426 - Exceptions to countersignature law. - (1) Contracts of reinsurance. (2) Policies of insurance on the...

624.428 - Licensed agent law, life and health insurances. - (1) No insurer shall deliver or issue for delivery in...

624.430 - Withdrawal of insurer or discontinuance of writing certain kinds or lines of insurance. - (1) Any insurer desiring to surrender its certificate of authority,...

624.4305 - Nonrenewal of residential property insurance policies. - History.—s. 6, ch. 2008-66.

624.4315 - Workers’ compensation insurers; notice of significant underwriting change. - History.—s. 1, ch. 2004-82.

624.436 - Florida Nonprofit Multiple-Employer Welfare Arrangement Act. - History.—s. 3, ch. 83-203; s. 3, ch. 84-94; ss. 22,...

624.4361 - Definitions. - (1) “Arrangement” means a multiple-employer welfare arrangement. (2) “Fund balance”...

624.437 - “Multiple-employer welfare arrangement” defined; certificate of authority required; penalty. - (1) For the purposes of ss. 624.436-624.446, the term “multiple-employer...

624.438 - General eligibility. - (1) To meet the requirements for issuance of a certificate...

624.4385 - Certain words prohibited in name of organization. - History.—ss. 26, 188, ch. 91-108; s. 4, ch. 91-429.

624.439 - Filing of application. - (1) A copy of the articles of incorporation, constitution, and...

624.4392 - Fund balance. - (1) Each multiple-employer welfare arrangement licensed on or after October...

624.44 - Examination by the office. - (1)(a) The office shall examine the affairs, transactions, accounts, business...

624.441 - Insolvency protection. - (1) To assure the faithful performance of its obligations to...

624.4411 - Administrative, provider, and management contracts. - (1) The office may require a multiple-employer welfare arrangement to...

624.4412 - Policy forms. - (1) No policy or contract form, application form, certificate, rider,...

624.4414 - Employer participants’ liability. - (1) The liability of each employer participant for the obligations...

624.4415 - Assessments. - (1) All multiple-employer welfare arrangements shall provide that employers are...

624.4416 - Assessments by receiver. - (1) In the event of delinquency proceedings against a multiple-employer...

624.4417 - Certain sales prohibited. - (1) A multiple-employer welfare arrangement may not offer, advertise, or...

624.442 - Annual reports; actuarial certification; quarterly reports; penalties. - (1) Every arrangement shall, annually within 3 months after the...

624.443 - Place of business; maintenance of records. - History.—s. 6, ch. 85-212; s. 1, ch. 86-286; ss. 187,...

624.4431 - Administration; rules. - History.—ss. 36, 188, ch. 91-108; s. 4, ch. 91-429; s....

624.4432 - Assets, liabilities, and investments. - History.—ss. 37, 188, ch. 91-108; s. 4, ch. 91-429.

624.444 - Suspension, revocation of approval. - (1) The office shall deny, suspend, or revoke an arrangement’s...

624.445 - Order, notice, duration, effect of suspension or revocation; administrative fine. - (1) Suspension or revocation of an arrangement’s certificate of authority...

624.446 - Rehabilitation, dissolution. - History.—s. 6, ch. 85-212; s. 1, ch. 86-286; ss. 187,...

624.447 - Certificate of insurance for contractors. - History.—s. 14, ch. 87-310; s. 188, ch. 91-108; s. 4,...

624.448 - Assets of insurers; reporting requirements. - (1) As used in this section, the term: (a) “Material...

624.449 - Insurer investment in foreign companies. - History.—s. 3, ch. 2014-134.

624.45 - Participation of financial institutions in reinsurance and in insurance exchanges. - (1) Own or control, directly or indirectly, any insurer which...

624.460 - Short title. - History.—s. 25, ch. 86-160; s. 188, ch. 91-108; s. 4,...

624.461 - Definition. - History.—s. 77, ch. 93-415; s. 14, ch. 99-3; s. 103,...

624.462 - Commercial self-insurance funds. - (1) Any group of persons may form a commercial self-insurance...

624.4621 - Group self-insurance funds. - (1) The commission shall adopt rules that allow two or...

624.4622 - Local government self-insurance funds. - (1) Any two or more local governmental entities may enter...

624.46223 - Notice of intent to withdraw. - History.—ss. 3, 43, ch. 2010-175. 1Note.—As enacted by s. 43,...

624.46225 - Self-insured public utilities. - History.—s. 19, ch. 83-305; s. 43, ch. 89-289; s. 56,...

624.46226 - Public housing authorities self-insurance funds; exemption for taxation and assessments. - (1) Notwithstanding any other provision of law, any two or...

624.4623 - Independent Educational Institution Self-Insurance Funds. - (1) Notwithstanding any other provision of law, any two or...

624.4625 - Corporation not for profit self-insurance funds. - (1) Notwithstanding any other provision of law, any two or...

624.4626 - Electric cooperative self-insurance fund. - (1) Notwithstanding any other provision of law, any two or...

624.464 - Certificate of authority required; penalties. - (1) No person shall establish a commercial self-insurance fund unless...

624.466 - Application requirements for certificate of authority. - (1) The name of the fund and the location of...

624.468 - Continuing requirements for certificate of authority. - (1) Maintenance of competent and trustworthy persons to service the...

624.470 - Annual reports. - (1)(a) Every self-insurance fund shall, annually within 3 months of...

624.472 - Member’s liability. - (1) The liability of each member other than a governmental...

624.473 - Dividends. - History.—s. 32, ch. 86-160; s. 188, ch. 91-108; s. 4,...

624.474 - Assessments. - (1) The trustees of a self-insurance fund operating as a...

624.4741 - Venue in assessment actions. - History.—s. 84, ch. 93-415; s. 831, ch. 2003-261.

624.475 - Tax on premiums, contributions, and assessments. - History.—s. 4, ch. 88-206; s. 15, ch. 89-167; s. 188,...

624.476 - Impaired self-insurance funds. - (1) If the assets of a self-insurance fund are at...

624.477 - Liquidation, rehabilitation, reorganization, and conservation. - History.—s. 8, ch. 97-262; s. 833, ch. 2003-261.

624.480 - Filing, approval, and disapproval of forms. - (1) A basic insurance policy or application form for which...

624.482 - Making and use of rates. - (1) With respect to all classes of insurance which a...

624.483 - Self-insurer members; payment of delinquent premiums and assessments. - History.—s. 2, ch. 67-606; ss. 17, 35, ch. 69-106; s....

624.484 - Registration of agent. - History.—s. 38, ch. 86-160; s. 188, ch. 91-108; s. 4,...

624.486 - Examination. - History.—s. 39, ch. 86-160; s. 188, ch. 91-108; s. 4,...

624.487 - Enforcement of specified insurance provisions. - History.—s. 132, ch. 91-108; s. 91, ch. 93-415; s. 838,...

624.488 - Applicability of related laws. - (1) Sections 624.155, 624.308, 624.414, 624.415, and 624.416(4); ss. 624.418-624.4211,...

624.489 - Liability of trustees of self-insurance trust fund and directors of self-insurance funds operating as corporations. - (1) A trustee of any self-insurance trust fund organized under...

624.490 - Registration of pharmacy benefit managers. - (1) As used in this section, the term “pharmacy benefit...

624.491 - Pharmacy audits. - (1) A health insurer or health maintenance organization providing pharmacy...

<< Previous

Next >>

Florida Statutes Chapter 624 - Insurance Code: Administration and General Provisions Part III - Authorization of Insurers and General Requirements (Ss. 624.401-624.491)

Florida Statutes
Chapter 624 - Insurance Code: Administration and General Provisions
Part III - Authorization of Insurers and General Requirements (Ss. 624.401-624.491)