Syfert Injury Law Firm

Your Trusted Partner in Personal Injury & Workers' Compensation

Call Now: 904-383-7448
Florida Statute 626.916 - Full Text and Legal Analysis
Florida Statute 626.916 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 626.916 Case Law from Google Scholar Google Search for Amendments to 626.916

The 2025 Florida Statutes

Title XXXVII
INSURANCE
Chapter 626
INSURANCE FIELD REPRESENTATIVES AND OPERATIONS
View Entire Chapter
F.S. 626.916
626.916 Eligibility for export.
(1) No insurance coverage shall be eligible for export unless it meets all of the following conditions:
(a) The premium rate at which the coverage is exported shall not be lower than that rate applicable, if any, in actual and current use by a majority of the authorized insurers for the same coverage on a similar risk.
(b) The policy or contract form under which the insurance is exported shall not be more favorable to the insured as to the coverage or rate than under similar contracts on file and in actual current use in this state by the majority of authorized insurers actually writing similar coverages on similar risks; except that a coverage may be exported under a unique form of policy designed for use with respect to a particular subject of insurance if a copy of such form is filed with the office by the surplus lines agent desiring to use the same and is subject to the disapproval of the office within 10 days of filing such form exclusive of Saturdays, Sundays, and legal holidays if it finds that the use of such special form is not reasonably necessary for the principal purposes of the coverage or that its use would be contrary to the purposes of this Surplus Lines Law with respect to the reasonable protection of authorized insurers from unwarranted competition by unauthorized insurers.
(c) Except as to extended coverage in connection with fire insurance policies and except as to windstorm insurance, the policy or contract under which the insurance is exported shall not provide for deductible amounts, in determining the existence or extent of the insurer’s liability, other than those available under similar policies or contracts in actual and current use by one or more authorized insurers.
(d) The insured has signed or otherwise provided documented acknowledgment of a disclosure in substantially the following form: “You are agreeing to place coverage in the surplus lines market. Coverage may be available in the admitted market. Persons insured by surplus lines carriers are not protected under the Florida Insurance Guaranty Act with respect to any right of recovery for the obligation of an insolvent unlicensed insurer. Additionally, surplus lines insurers’ policy rates and forms are not approved by any Florida regulatory agency.” If the acknowledgment of the disclosure is signed by the insured, the insured is presumed to have been informed and to know that other coverage may be available.
(2) A reasonable per-policy fee may be charged by the filing surplus lines agent for each policy certified for export. This per-policy fee must be itemized separately to the customer before purchase and enumerated in the policy.
(3) A retail agent may charge a reasonable per-policy fee for placement of a surplus lines policy under this section. This per-policy fee must be itemized separately to the customer before purchase.
History.s. 355, ch. 59-205; s. 1, ch. 63-86; s. 1, ch. 67-380; ss. 13, 35, ch. 69-106; s. 91, ch. 79-40; s. 2, ch. 81-318; ss. 300, 318, 807, ch. 82-243; ss. 164, 206, 207, ch. 90-363; s. 4, ch. 91-429; s. 29, ch. 92-146; s. 1, ch. 2001-213; s. 1016, ch. 2003-261; s. 6, ch. 2007-90; s. 17, ch. 2011-174; s. 10, ch. 2019-108; s. 11, ch. 2021-104; s. 20, ch. 2021-113; s. 3, ch. 2025-145.

F.S. 626.916 on Google Scholar

F.S. 626.916 on CourtListener

Amendments to 626.916


Annotations, Discussions, Cases:

Cases Citing Statute 626.916

Total Results: 6

Essex Ins. Co. v. Zota

985 So. 2d 1036, 33 Fla. L. Weekly Supp. 425, 2008 Fla. LEXIS 1112, 2008 WL 2520879

Supreme Court of Florida | Filed: Jun 26, 2008 | Docket: 2518508

Cited 15 times | Published

policy to cover the type of risk involved. See § 626.916(1)(a), Fla. Stat. (2003) (requiring that general-lines

Vision I Homeowners Ass'n v. Aspen Specialty Insurance

643 F. Supp. 2d 1356, 2009 WL 2482162, 2009 U.S. Dist. LEXIS 75319

District Court, S.D. Florida | Filed: Jun 15, 2009 | Docket: 2474995

Cited 2 times | Published

policy to cover the type of risk involved. See § 626.916(1)(a), Fla. Stat. (2003) (requiring that general-lines

Essex Insurance v. Zota

607 F. Supp. 2d 1340, 2009 U.S. Dist. LEXIS 29108, 2009 WL 959917

District Court, S.D. Florida | Filed: Apr 8, 2009 | Docket: 2281562

Cited 1 times | Published

Affidavit, DE 203, p. 10.) Mr. Parton states that § 626.916(1)(c)[2] requires surplus lines insurers to file

Lemy v. Direct General Finance Co.

884 F. Supp. 2d 1236, 2012 U.S. Dist. LEXIS 114337, 2012 WL 3326342

District Court, M.D. Florida | Filed: Aug 14, 2012 | Docket: 65984125

Published

policy to include two specific disclaimers; Section 626.916(l)(a), which requires a diligent search for

Lemy v. Direct General Finance Co.

885 F. Supp. 2d 1265, 2012 WL 2339702, 2012 U.S. Dist. LEXIS 84507

District Court, M.D. Florida | Filed: Jun 19, 2012 | Docket: 65984240

Published

insurers or the policy appear to violate is Section 626.916(l)(a), which requires a surplus line agent

Prescott Architects, Inc. v. Lexington Insurance

638 F. Supp. 2d 1317, 2009 U.S. Dist. LEXIS 56855

District Court, N.D. Florida | Filed: Jul 1, 2009 | Docket: 2342703

Published

not valid because Lexington failed to satisfy § 626.916, which requires, in relevant part, that in order