Florida Statutes Part XX - Financial Guaranty Insurance (Ss. 627.971-627.975)

• 627.971 - Definitions.
  As used in this part:(1)(a) “Financial guaranty insurance” means a surety bond, insurance policy, an indemnity contract issued by an insurer, or any similar guaranty, under...
• 627.972 - Organization; Financial Requirements.
  (1) A financial guaranty insurance corporation must be organized and licensed in the manner prescribed in this code for stock or mutual property and casualty insurers...
• 627.973 - Limitations.
  (1) Financial guaranty insurance shall be transacted in this state only by a corporation licensed for such purpose, except that a property and casualty insurer transacting...
• 627.974 - Filing Of Policy Forms And Rates.
  (1) Policy forms and any amendments thereto must be filed with the office within 30 days after their use by the insurer. A policy may not...
• 627.975 - Reinsurance.
  (1) For financial guaranty insurance which takes effect on or after July 1, 1988, an insurer transacting financial guaranty insurance shall receive credit for reinsurance in...

Last modified: September 23, 2016