Florida Statute 624.425 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 624
INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS

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F.S. 624.425

624.425 Agent countersignature required, property, casualty, surety insurance.—

(1) Except as stated in s. 624.426, no authorized property, casualty, or surety insurer shall assume direct liability as to a subject of insurance resident, located, or to be performed in this state unless the policy or contract of insurance is issued by or through, and is countersigned by, an agent who is regularly commissioned and licensed currently as an agent and appointed as an agent for the insurer under this code. If two or more authorized insurers issue a single policy of insurance against legal liability for loss or damage to person or property caused by the nuclear energy hazard, or a single policy insuring against loss or damage to property by radioactive contamination, whether or not also insuring against one or more other perils proper to insure against in this state, such policy if otherwise lawful may be countersigned on behalf of all of the insurers by a licensed and appointed agent of any insurer appearing thereon. The producing agent shall receive on each policy or contract the full and usual commission allowed and paid by the insurer to its agents on business written or transacted by them for the insurer.

(2) If any subject of insurance referred to in subsection (1) is insured under a policy, or contract, or certificate of renewal or continuation thereof, issued in another state and covering also property and risks outside this state, a certificate evidencing such insurance as to subjects located, resident, or to be performed in this state, shall be issued by or through and shall be countersigned by the insurer’s commissioned and appointed producing agent.

(3) An agent shall not sign or countersign in blank any policy to be issued outside her or his office, or countersign in blank any countersignature endorsement therefor, or certificate issued thereunder. An agent may give a written power of attorney to the issuing insurance company to countersign such documents by imprinting her or his name, or the name of the agency or other entity with which the agent may be sharing commission pursuant to s. 626.753(1)(a) and (2), thereon in lieu of manually countersigning such documents; but an agent shall not give a power of attorney to any other person to countersign any such document in her or his name unless the person so authorized is directly employed by the agent and by no other person, and is so employed in the office of the agent.

(4) This section shall not be deemed to prohibit insurers from using salaried licensed and appointed agents for the production and servicing of business in this state and the issuance and countersignature by such agents of insurance policies or contracts, when required under subsection (1), and without payment of commission therefor.

(5) This section shall not be deemed to prohibit an insurer from authorizing an agent who is not regularly commissioned and appointed currently as an agent of the insurer from countersigning a policy or contract of insurance issued pursuant to the provisions of ss. 627.311 and 627.351. This section does not apply to reissuance of insurance policies or endorsements thereto which are part of a mass reissuance of such policies or endorsements and do not involve a change of premium or payment of agent’s commissions.

(6) The absence of a countersignature required under this section does not affect the validity of a policy or contract of insurance.

History.—s. 69, ch. 59-205; s. 1, ch. 74-64; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 59, 64, 809(1st), ch. 82-243; s. 6, ch. 83-288; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 187, ch. 97-102; s. 1, ch. 98-199; s. 37, ch. 99-7; s. 1, ch. 2004-374; s. 4, ch. 2015-42.

F.S. 624.425 on Google Scholar

F.S. 624.425 on Casetext

Amendments to 624.425

Arrestable Offenses / Crimes under Fla. Stat. 624.425

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 624.425.

Annotations, Discussions, Cases:

Cases Citing Statute 624.425

Total Results: 7

Wellman v. GEICO General Ins. Co.

Court: Fla. Dist. Ct. App. | Date Filed: 2006-06-21T00:53:00-07:00

Citation: 931 So. 2d 1046

Snippet: lines insurance agents, in accordance with section 624.425, Florida Statutes. Wellman renewed the policy several

State v. Beja

Court: Fla. Dist. Ct. App. | Date Filed: 1984-05-16T00:53:00-07:00

Citation: 451 So. 2d 882

Snippet: been unreasonable. Id. at 205, 54 Ill.Dec. at 624, 425 N.E.2d at 489 (emphasis original). Therefore,

Colonial Penn Communities, Inc. v. Crosley

Court: Fla. Dist. Ct. App. | Date Filed: 1983-12-22T00:00:00-08:00

Citation: 443 So. 2d 1030, 1983 Fla. App. LEXIS 25281

Snippet: maintained that appellants violated Florida Statute § 624.425(1) (1979) by failing to pay him the standard and…that he is entitled to base his claim or section 624.425(1), we are still mindful that the statute only

Wolfe v. Aetna Ins. Co.

Court: Fla. Dist. Ct. App. | Date Filed: 1983-08-04T00:53:00-07:00

Citation: 436 So. 2d 997

Snippet: its becoming effective. Aetna relies on section 624.425(1), Florida Statutes (1979), for its position that

Fredericks v. Howell

Court: Fla. Dist. Ct. App. | Date Filed: 1983-02-09T00:00:00-08:00

Citation: 426 So. 2d 1200, 1983 Fla. App. LEXIS 19030

Snippet: a countersignature on the policy since Section 624.425, Florida Statutes (1977), contemplates a countersignature

PENNSYLVANIA NAT. MUT. CAS. INS. v. Burns

Court: Fla. Dist. Ct. App. | Date Filed: 1979-06-25T00:53:00-07:00

Citation: 375 So. 2d 302

Snippet: a countersignature on the policy since Section 624.425, Florida Statutes (1977), contemplates a countersignature

Pennsylvania National Mutual Casualty Insurance v. Burns

Court: Fla. Dist. Ct. App. | Date Filed: 1979-06-25T00:00:00-07:00

Citation: 375 So. 2d 302, 1979 Fla. App. LEXIS 14960

Snippet: a countersignature on the policy since Section 624.425, Florida Statutes (1977), contemplates a countersignature