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Florida Statute 627.783 - Full Text and Legal Analysis
Florida Statute 627.783 | Lawyer Caselaw & Research
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The 2025 Florida Statutes

Title XXXVII
INSURANCE
Chapter 627
INSURANCE RATES AND CONTRACTS
View Entire Chapter
F.S. 627.783
627.783 Rate deviation.
(1) A title insurer may petition the office for an order authorizing a specific deviation from the adopted premium. The petition shall be in writing and sworn to and shall set forth allegations of fact upon which the petitioner will rely, including the petitioner’s reasons for requesting the deviation. Any authorized title insurer, agent, or agency may join in the petition for like authority to deviate or may file a separate petition praying for like authority or opposing the deviation. The office shall rule on all such petitions simultaneously.
(2) If, in the judgment of the office, the requested deviation is not justified, the office may enter an order denying the petition. An order granting a petition constitutes an amendment to the adopted premium as to the petitioners named in the order, and is subject to s. 627.782.
History.s. 9, ch. 65-359; ss. 13, 35, ch. 69-106; s. 3, ch. 76-168; s. 1, ch. 77-457; s. 21, ch. 78-95; ss. 2, 3, ch. 81-318; ss. 580, 584, 809(2nd), ch. 82-243; s. 79, ch. 82-386; s. 9, ch. 89-305; ss. 96, 114, ch. 92-318; s. 13, ch. 99-286; s. 1205, ch. 2003-261; s. 6, ch. 2007-44.
Note.Section 23, ch. 2008-220, provides that “[t]he Legislature finds that the Uniform Commercial Code insurance product authorized by section 1 of Chapter 2005-153, Laws of Florida, will open new markets in this state and will result in generation of new revenue for the state. Accordingly, title insurers may petition for a rate deviation as provided by s. 627.783, Florida Statutes, for the uniform commercial code insurance product. In determining whether to approve such petition for a rate deviation for the uniform commercial code insurance product, the office shall be guided by standards for national rates for the product currently being offered in other states.”

F.S. 627.783 on Google Scholar

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Amendments to 627.783


Annotations, Discussions, Cases:

Cases Citing Statute 627.783

Total Results: 2

Chicago Title Ins. Co. v. Butler

770 So. 2d 1210, 25 Fla. L. Weekly Supp. 899, 2000 Fla. LEXIS 2034, 2000 WL 1535354

Supreme Court of Florida | Filed: Oct 19, 2000 | Docket: 1778893

Cited 11 times | Published

title insurance industry. Id. § 627.782. [6] Section 627.783, Florida Statutes (1997), permits title insurers

Butler v. State, Dept. of Ins.

680 So. 2d 1103, 1996 WL 587866

District Court of Appeal of Florida | Filed: Oct 11, 1996 | Docket: 467099

Cited 5 times | Published

appellants could seek a rate deviation under section 627.783(1), Florida Statutes, also fails because access