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The Florida Senate

2005 Florida Statutes

Section 626.913, Florida Statutes 2005

626.913  Surplus Lines Law; short title; purposes.--

(1)  Sections 626.913-626.937 constitute and may be referred to as the "Surplus Lines Law."

(2)  It is declared that the purposes of the Surplus Lines Law are to provide orderly access for the insuring public of this state to insurers not authorized to transact insurance in this state, through only qualified, licensed, and supervised surplus lines agents resident in this state, for insurance coverages and to the extent thereof not procurable from authorized insurers; to protect such authorized insurers, who under the laws of this state must meet certain standards as to policy forms and rates, from unwarranted competition by unauthorized insurers who, in the absence of this law, would not be subject to similar requirements; and for other purposes as set forth in this Surplus Lines Law.

(3)  This section, and this Surplus Lines Law, do not apply as to insurance coverages which are subject to s. 626.938

History.--s. 352, ch. 59-205; s. 2, ch. 81-318; ss. 297, 318, 807, ch. 82-243; s. 42, ch. 82-386; ss. 206, 207, ch. 90-363; s. 4, ch. 91-429.