Florida Statute 624.5094 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 624
INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS

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F.S. 624.5094

624.5094 Casualty insurance premiums.—Notwithstanding any statutory provision to the contrary, for the purposes of calculating the annual assessments for the Special Disability Trust Fund under s. 440.49 and expenses of administration under s. 440.51, any amount paid or credited as dividends or premium refunds in the same calendar year by the insurer to its policyholders must be deducted from “net premium,” “net premiums written,” “direct premium,” and “net premium collected” for the calendar year. Such offset for dividends or premium refunds paid or credited for the current year must be applied against the current year’s net premium for that year’s assessment regardless of the policy year for which the dividends or premium refunds are being reimbursed.

History.—s. 7, ch. 97-292.

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Amendments to 624.5094

Arrestable Offenses / Crimes under Fla. Stat. 624.5094

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 624.5094.

Annotations, Discussions, Cases:

Cases Citing Statute 624.5094

Total Results: 3

Amerisure Mutual Insurance Co. v. Florida Department of Financial Services, Division of Workers' Compensation

Court: Fla. Dist. Ct. App. | Date Filed: 2015-01-01T00:00:00-08:00

Citation: 156 So. 3d 520, 2015 WL 46515

Snippet: s assessments for these trust funds is section 624.5094, Florida Statutes (2008), which provides: …calendar *526 year, and argued section 624.5094 did “not authorize the Department to eliminate…based on an erroneous interpretation of section 624.5094 on grounds that the provision “does not address…The final order concluded instead: Section 624.5094 makes clear that, for annual assessment purposes…assessment is finalized at [or below] zero. Section 624.5094, Florida Statutes, by operation of law, forecloses

Associated Industries Insurance Co. v. State, Department of Labor & Employment Security

Court: Fla. Dist. Ct. App. | Date Filed: 2006-03-27T00:00:00-08:00

Citation: 923 So. 2d 1252, 2006 Fla. App. LEXIS 4295

Snippet: contained in sections 440.49 and 440.51. See § 624.5094, Fla. Stat. (1997). In 2000, in response to this

Florida Department of Financial Services v. RISCORP Insurance Co.

Court: Fla. Dist. Ct. App. | Date Filed: 2004-03-16T00:00:00-08:00

Citation: 871 So. 2d 261, 2004 Fla. App. LEXIS 3239

Snippet: contained in sections 440.49 and 440.51. See § 624.5094, Fla. Stat. (1997). In 2000, in response to this