Florida Statutes Part IX - Unfair Insurance Trade Practices (Ss. 626.951-626.99)
- 626.951 - Declaration Of Purpose.
(1) The purpose of this part is to regulate trade practices relating to the business of insurance in accordance with the intent of Congress as expressed...
- 626.9511 - Definitions.
When used in this part:(1) “Person” means any individual, corporation, association, partnership, reciprocal exchange, interinsurer, Lloyds insurer, fraternal benefit society, or business trust or any entity...
- 626.9521 - Unfair Methods Of Competition And Unfair Or Deceptive Acts Or Practices Prohibited; Penalties.
(1) No person shall engage in this state in any trade practice which is defined in this part as, or determined pursuant to s. 626.951 or...
- 626.9531 - Identification Of Insurers, Agents, And Insurance Contracts.
(1) Advertising materials and other communications developed by insurers, or other risk bearing entities authorized under this code and approved by the office to do business...
- 626.9541 - Unfair Methods Of Competition And Unfair Or Deceptive Acts Or Practices Defined.
(1) UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE ACTS.—The following are defined as unfair methods of competition and unfair or deceptive acts or practices:(a) Misrepresentations and...
- 626.9543 - Holocaust Victims.
(1) SHORT TITLE.—This section may be cited as the “Holocaust Victims Assistance Act.”(2) INTENT; PURPOSE.—It is the Legislature’s intent that the potential and actual insurance claims, actual...
- 626.9545 - Improper Charge Identification Incentive Program.
No section or provision of the Florida Insurance Code shall be construed as prohibiting an insurer from establishing a financial incentive program for remunerating a...
- 626.9551 - Favored Agent Or Insurer; Coercion Of Debtors.
(1) No person may:(a) Require, as a condition precedent or condition subsequent to the lending of money or extension of credit or any renewal thereof, that the...
- 626.9561 - Power Of Department And Office.
The department and office shall each have power within its respective regulatory jurisdiction to examine and investigate the affairs of every person involved in the...
- 626.9571 - Defined Practices; Hearings, Witnesses, Appearances, Production Of Books And Service Of Process.
(1) Whenever the department or office has reason to believe that any person has engaged, or is engaging, in this state in any unfair method of...
- 626.9581 - Cease And Desist And Penalty Orders.
After the hearing provided in s. 626.9571, the department or office shall enter a final order in accordance with s. 120.569. If it is determined...
- 626.9591 - Appeals From The Department Or Office.
Any person subject to an order of the department or office under s. 626.9581 or s. 626.9601 may obtain a review of such order by...
- 626.9601 - Penalty For Violation Of Cease And Desist Orders.
Any person who violates a cease and desist order of the department or office under s. 626.9581 while such order is in effect, after notice...
- 626.9611 - Rules.
(1) The department or commission may, in accordance with chapter 120, adopt reasonable rules as are necessary or proper to identify specific methods of competition or...
- 626.9621 - Provisions Of Part Additional To Existing Law.
The powers vested in the department, commission, and office by this part shall be additional to any other powers to enforce any penalties, fines, or...
- 626.9631 - Civil Liability.
The provisions of this part are cumulative to rights under the general civil and common law, and no action of the department, commission, or office...
- 626.9641 - Policyholders, Bill Of Rights.
(1) The principles expressed in the following statements shall serve as standards to be followed by the department, commission, and office in exercising their powers and...
- 626.9651 - Privacy.
The department and commission shall each adopt rules consistent with other provisions of the Florida Insurance Code to govern the use of a consumer’s nonpublic...
- 626.9701 - Rate Increases And Premium Surcharges; Consideration Of Certain Noncriminal Violations For Excessive Speed Prohibited.
Noncriminal violations solely for excessive speed less than 70 miles per hour on highways which are outside business and residential districts and which have at...
- 626.9702 - Illegal Dealings In Premiums; Excess Charges For Insurance.
(1) No insurer shall impose or request an additional premium for automobile insurance, or refuse to renew a policy, solely because the insured or applicant was...
- 626.9705 - Life Or Disability Insurance; Illegal Dealings.
(1) No life or disability insurer shall refuse to renew, sell, or issue a life or disability insurance policy, establish or charge a premium or rate...
- 626.9706 - Life Insurance; Discrimination On Basis Of Sickle-cell Trait Prohibited.
(1) No insurer authorized to transact insurance in this state shall refuse to issue and deliver any policy of life insurance solely because the person to...
- 626.9707 - Disability Insurance; Discrimination On Basis Of Sickle-cell Trait Prohibited.
(1) No insurer authorized to transact insurance in this state shall refuse to issue and deliver in this state any policy of disability insurance, whether such...
- 626.973 - Fictitious Groups.
(1) No insurer or any person on behalf of any insurer shall make, offer to make, or permit any preference or distinction in property, marine, casualty,...
- 626.9741 - Use Of Credit Reports And Credit Scores By Insurers.
(1) The purpose of this section is to regulate and limit the use of credit reports and credit scores by insurers for underwriting and rating purposes....
- 626.9743 - Claim Settlement Practices Relating To Motor Vehicle Insurance.
(1) This section shall apply to the adjustment and settlement of personal and commercial motor vehicle insurance claims.(2) An insurer may not, when liability and damages owed...
- 626.9744 - Claim Settlement Practices Relating To Property Insurance.
Unless otherwise provided by the policy, when a homeowner’s insurance policy provides for the adjustment and settlement of first-party losses based on repair or replacement...
- 626.9885 - Financial Institutions Conducting Insurance Transactions.
A financial institution, as defined in s. 655.005, may conduct insurance transactions only through Florida-licensed insurance agents representing Florida-authorized insurers or representing Florida-eligible surplus lines...
- 626.989 - Investigation By Department Or Division Of Insurance Fraud; Compliance; Immunity; Confidential Information; Reports To Division; Division Investigator’s Power Of Arrest.
(1) For the purposes of this section:(a) A person commits a “fraudulent insurance act” if the person:1. Knowingly and with intent to defraud presents, causes to be presented,...
- 626.9891 - Insurer Anti-fraud Investigative Units; Reporting Requirements; Penalties For Noncompliance.
(1) Every insurer admitted to do business in this state who in the previous calendar year, at any time during that year, had $10 million or...
- 626.9892 - Anti-fraud Reward Program; Reporting Of Insurance Fraud.
(1) The Anti-Fraud Reward Program is hereby established within the department, to be funded from the Insurance Regulatory Trust Fund.(2) The department may pay rewards of up...
- 626.9893 - Disposition Of Revenues; Criminal Or Forfeiture Proceedings.
(1) The Division of Insurance Fraud of the Department of Financial Services may deposit revenues received as a result of criminal proceedings or forfeiture proceedings, other...
- 626.9894 - Gifts And Grants.
(1) The department may accept, for purposes of anti-fraud efforts, any donation or grant of property or moneys from any governmental unit, public agency, institution, person,...
- 626.99 - Life Insurance Solicitation.
(1) PURPOSE.—The purpose of this section is to require insurers to deliver to purchasers of life insurance information which will improve the buyer’s ability to select...
Last modified: September 23, 2016