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The Florida Senate

2020 Florida Statutes

Title XXXVII INSURANCE
Chapter 624 INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS Entire Chapter
PART III
AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS
(ss. 624.401-624.490)
PART III

AUTHORIZATION OF INSURERS AND GENERAL REQUIREMENTS

624.401
Certificate of authority required.
624.402
Exceptions, certificate of authority required.
624.4031
Church benefit plans and church benefit board.
624.404
General eligibility of insurers for certificate of authority.
624.4055
Restrictions on existing private passenger automobile insurance.
624.406
Combinations of insuring powers, one insurer.
624.407
Surplus required; new insurers.
624.40711
Restrictions on insurers that are wholly owned subsidiaries of insurers to do business in state.
624.4073
Officers and directors of insolvent insurers.
624.408
Surplus required; current insurers.
624.4085
Risk-based capital requirements for insurers.
624.40851
Confidentiality of risk-based capital information.
624.4094
Bail bond premiums.
624.4095
Premiums written; restrictions.
624.410
Permissible insuring combinations without additional capital funds.
624.411
Deposit requirement; domestic insurers and foreign insurers.
624.412
Deposit of alien insurers.
624.413
Application for certificate of authority.
624.4135
Redomestication.
624.414
Issuance or refusal of authority.
624.415
Ownership of certificate of authority; return.
624.416
Continuance, expiration, reinstatement, and amendment of certificate of authority.
624.418
Suspension, revocation of certificate of authority for violations and special grounds.
624.420
Order, notice of suspension or revocation of certificate of authority; effect; publication.
624.421
Duration of suspension; insurer’s obligations during suspension period; reinstatement.
624.4211
Administrative fine in lieu of suspension or revocation.
624.4212
Confidentiality of proprietary business and other information.
624.4213
Trade secret documents.
624.422
Service of process; appointment of Chief Financial Officer as process agent.
624.423
Serving process.
624.424
Annual statement and other information.
624.4241
NAIC filing requirements.
624.4243
Reporting of premium growth.
624.4245
Change in controlling interest of foreign or alien insurer; report required.
624.425
Agent countersignature required, property, casualty, surety insurance.
624.426
Exceptions to countersignature law.
624.428
Licensed agent law, life and health insurances.
624.430
Withdrawal of insurer or discontinuance of writing certain kinds or lines of insurance.
624.4305
Nonrenewal of residential property insurance policies.
624.4315
Workers’ compensation insurers; notice of significant underwriting change.
624.436
Florida Nonprofit Multiple-Employer Welfare Arrangement Act.
624.4361
Definitions.
624.437
“Multiple-employer welfare arrangement” defined; certificate of authority required; penalty.
624.438
General eligibility.
624.4385
Certain words prohibited in name of organization.
624.439
Filing of application.
624.4392
Fund balance.
624.44
Examination by the office.
624.441
Insolvency protection.
624.4411
Administrative, provider, and management contracts.
624.4412
Policy forms.
624.4414
Employer participants’ liability.
624.4415
Assessments.
624.4416
Assessments by receiver.
624.4417
Certain sales prohibited.
624.442
Annual reports; actuarial certification; quarterly reports; penalties.
624.443
Place of business; maintenance of records.
624.4431
Administration; rules.
624.4432
Assets, liabilities, and investments.
624.444
Suspension, revocation of approval.
624.445
Order, notice, duration, effect of suspension or revocation; administrative fine.
624.446
Rehabilitation, dissolution.
624.447
Certificate of insurance for contractors.
624.448
Assets of insurers; reporting requirements.
624.449
Insurer investment in foreign companies.
624.45
Participation of financial institutions in reinsurance and in insurance exchanges.
624.460
Short title.
624.461
Definition.
624.462
Commercial self-insurance funds.
624.4621
Group self-insurance funds.
624.4622
Local government self-insurance funds.
624.46223
Notice of intent to withdraw.
624.46225
Self-insured public utilities.
624.46226
Public housing authorities self-insurance funds; exemption for taxation and assessments.
624.4623
Independent Educational Institution Self-Insurance Funds.
624.4625
Corporation not for profit self-insurance funds.
624.4626
Electric cooperative self-insurance fund.
624.464
Certificate of authority required; penalties.
624.466
Application requirements for certificate of authority.
624.468
Continuing requirements for certificate of authority.
624.470
Annual reports.
624.472
Member’s liability.
624.473
Dividends.
624.474
Assessments.
624.4741
Venue in assessment actions.
624.475
Tax on premiums, contributions, and assessments.
624.476
Impaired self-insurance funds.
624.477
Liquidation, rehabilitation, reorganization, and conservation.
624.480
Filing, approval, and disapproval of forms.
624.482
Making and use of rates.
624.483
Self-insurer members; payment of delinquent premiums and assessments.
624.484
Registration of agent.
624.486
Examination.
624.487
Enforcement of specified insurance provisions.
624.488
Applicability of related laws.
624.489
Liability of trustees of self-insurance trust fund and directors of self-insurance funds operating as corporations.
624.490
Registration of pharmacy benefit managers.