Fla. Stat. ch. 624 – Insurance Code: Administration and General Provisions | Midpage

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Florida Statutes

Chapter 624

Fla. Stat. ch. 624

Insurance Code: Administration and General Provisions

624.01Short title 624.02"Insurance" defined 624.03"Insurer" defined 624.031"Self-insurance" defined 624.04"Person" defined 624.05"Department" defined 624.06"Domestic," "foreign," "alien" insurer defined 624.07"Domicile" defined 624.075"Commercially domiciled insurer" defined 624.08"State" defined 624.09"Authorized," "unauthorized" insurer defined 624.10Transacting insurance 624.11Compliance required 624.12Application of code as to fraternal benefit societies 624.123Certain international health insurance policies; exemption from code 624.124Motor vehicle services; exemption from code 624.125Certain motor vehicle service agreements; exemption from code 624.126Certain mutual aid associations; exemption from code 624.127Certain political subdivisions offering prepaid ambulance service plans; exemption from code 624.128Crime victims exemption 624.129Certain location and recovery services; exemption from code 624.13Particular provisions prevail 624.15General penalty 624.155Civil remedy 624.19Existing forms and filings 624.21Prospective operation of amendments to code 624.22Purpose of chapter 624.215Proposals for legislation which mandates health benefit coverage; review by Legislature 624.302Offices 624.303Seal; certified copies as evidence 624.305Prohibited interests, rewards 624.307General powers; duties 624.308Rules 624.310Enforcement; cease and desist orders; removal of certain persons; fines 624.3101False or misleading financial statements or supporting documents; penalty 624.3102Immunity from civil liability for providing department with information about condition of insurer 624.311Records; reproductions; destruction 624.312Reproductions and certified copies of records as evidence 624.313Publications 624.314Publications; Insurance Commissioner's Regulatory Trust Fund 624.315Department; annual report 624.316Examination of insurers 624.3161Market conduct examinations 624.317Investigation of agents, adjusters, administrators, service companies, and others 624.318Conduct of examination or investigation; access to records; correction of accounts; appraisals 624.319Examination and investigation reports 624.320Examination expenses 624.321Witnesses and evidence 624.322Testimony compelled; immunity from prosecution 624.324Hearings 624.33Jurisdiction regarding health or life coverage 624.34Authority of Department of Law Enforcement to accept fingerprints of, and exchange criminal history records with respect to, certain persons 624.401Certificate of authority required 624.402Exceptions, certificate of authority required 624.4031Church benefit plans and church benefit board 624.404General eligibility of insurers for certificate of authority 624.406Combinations of insuring powers, one insurer 624.407Capital funds required; new insurers 624.4071Special purpose homeowner insurance company 624.4072Minority-owned property and casualty insurers; limited exemption for taxation and assessments 624.4075Captive conversion or expansion 624.408Surplus as to policyholders required; new and existing insurers 624.4085Risk-based capital requirements for insurers 624.40851Confidentiality of risk-based capital information 624.4094Bail bond premiums 624.4095Premiums written; restrictions 624.410Permissible insuring combinations without additional capital funds 624.411Deposit requirement; domestic insurers and foreign insurers 624.412Deposit of alien insurers 624.413Application for certificate of authority 624.4135Redomestication 624.414Issuance or refusal of authority 624.415Ownership of certificate of authority; return 624.416Continuance, expiration, reinstatement, and amendment of certificate of authority 624.418Suspension, revocation of certificate of authority for violations and special grounds 624.420Order, notice of suspension or revocation of certificate of authority; effect; publication 624.421Duration of suspension; insurer's obligations during suspension period; reinstatement 624.4211Administrative fine in lieu of suspension or revocation 624.422Service of process; appointment of Insurance Commissioner and Treasurer as process agent 624.423Serving process 624.424Annual statement and other information 624.4241NAIC filing requirements 624.4243Reporting of premium growth 624.4245Change in controlling interest of foreign or alien insurer; report required 624.425Resident agent and countersignature required, property, casualty, surety insurance 624.426Exceptions to resident agent and countersignature law 624.428Licensed agent law, life and health insurances 624.430Withdrawal of insurer or discontinuance of writing certain kinds or lines of insurance 624.436Florida Nonprofit Multiple-Employer Welfare Arrangement Act 624.4361Definitions 624.437"Multiple-employer welfare arrangement" defined; certificate of authority required; penalty 624.438General eligibility 624.4385Certain words prohibited in name of organization 624.439Filing of application 624.4392Fund balance 624.44Examination by the department 624.441Insolvency protection 624.4411Administrative, provider, and management contracts 624.4412Policy forms 624.4414Employer participants' liability 624.4415Assessments 624.4416Assessments by receiver 624.4417Certain sales prohibited 624.442Annual reports; actuarial certification; quarterly reports; penalties 624.443Place of business; maintenance of records 624.4431Administration; rules 624.4432Assets, liabilities, and investments 624.4435Assets of insurers; reporting requirements 624.444Suspension, revocation of approval 624.445Order, notice, duration, effect of suspension or revocation; administrative fine 624.446Rehabilitation, dissolution 624.447Certificate of insurance for contractors 624.45Participation of financial institutions in reinsurance and in insurance exchanges 624.460Short title 624.461Definition 624.462Commercial self-insurance funds 624.4621Group self-insurance funds 624.4622Local government self-insurance funds 624.46225Self-insured public utilities 624.463Conversion of self-insurance fund 624.464Certificate of authority required; penalties 624.466Application requirements for certificate of authority 624.468Continuing requirements for certificate of authority 624.469Premiums written; restrictions 624.470Annual reports 624.472Member's liability 624.473Dividends 624.474Assessments 624.4741Venue in assessment actions 624.475Tax on premiums, contributions, and assessments 624.478Use of agents 624.476Impaired self-insurance funds 624.477Liquidation, rehabilitation, reorganization, and conservation 624.480Filing, approval, and disapproval of forms 624.482Making and use of rates 624.483Self-insurer members; payment of delinquent premiums and assessments 624.484Registration of agent 624.486Examination 624.487Enforcement of specified insurance provisions; adoption of rules 624.488Applicability of related laws 624.489Liability of trustees of self-insurance trust fund and directors of self-insurance funds operating as corporations 624.501Filing, license, appointment, and miscellaneous fees 624.5015Advance collection of fees and taxes; title insurers not to pay without reimbursement 624.502Service of process fee 624.504Liability for state, county tax 624.505County tax; determination; additional offices; nonresident agents 624.506County tax; deposit and remittance 624.507Municipal tax 624.508Insurer's license tax; when payable 624.509Premium tax; rate and computation 624.5091Retaliatory provision, insurers 624.5092Administration of taxes; payments 624.5094Casualty insurance premiums 624.510Tax on wet marine and transportation insurance 624.5105Community contribution tax credit; authorization; limitations; eligibility and application requirements; administration; definitions; expiration 624.5107Child care tax credits; definitions; authorization; limitations; eligibility and application requirements; administration; expiration 624.511Tax statement; overpayments 624.515State Fire Marshal regulatory assessment and surcharge; levy and amount 624.516State Fire Marshal regulatory assessment and surcharge; deposit and use of funds 624.517State Fire Marshal regulatory assessment; reduction of assessment 624.518State Fire Marshal regulatory assessment and surcharge; tax return, overpayment 624.519Nonpayment of premium tax or fire marshal assessment; penalty 624.520Preemption by state 624.521Deposit of certain tax receipts; refund of improper payments 624.523Insurance Commissioner's Regulatory Trust Fund 624.601Definitions not mutually exclusive 624.6011"Kinds of insurance" defined 624.6012"Lines of insurance" defined 624.602"Life insurance," "life insurer" defined 624.603"Health insurance" defined 624.604"Property insurance" defined 624.605"Casualty insurance" defined 624.606"Surety insurance" defined 624.6065"Fidelity insurance" defined 624.607"Marine insurance," "wet marine and transportation insurance," and "inland marine insurance" defined 624.608"Title insurance" defined 624.6081"Residual value insurance" defined 624.6085"Collateral protection insurance" defined 624.609Limit of risk 624.610Reinsurance 624.80Definitions 624.81Notice to comply with written requirements of department; noncompliance 624.82Confidentiality of certain proceedings and records 624.83Prohibited acts during period of supervision 624.84Review and stay of action 624.85Administrative election of proceedings 624.92Florida Healthy Kids Corporation; Medicaid waiver; funding for expansion of services 624.86Other laws; conflicts; meetings between the department and the supervisor 624.87Administrative supervision; expenses 624.91The Florida Healthy Kids Corporation Act