Florida Statute 627.786 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXVII
INSURANCE

Chapter 627
INSURANCE RATES AND CONTRACTS

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627.786 Transaction of title insurance and any other kind of insurance prohibited.—

(1) An insurer may not transact title insurance and any other kind of insurance in this state.

(2) Subsection (1) does not apply to any insurer actively transacting title insurance and any other kind of insurance in this state on January 1, 1965.

(3) Subsection (1) does not preclude a title insurer from providing instruments to any prospective insured, in the form and content approved by the office, under which the title insurer assumes liability for loss due to the fraud of, dishonesty of, misappropriation of funds by, or failure to comply with written closing instructions by, its contract agents, agencies, or approved attorneys in connection with a real property transaction for which the title insurer is to issue a title insurance policy.

History.—s. 12, ch. 65-359; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 1, 2, ch. 79-16; ss. 2, 3, ch. 81-318; ss. 584, 809(2nd), ch. 82-243; s. 79, ch. 82-386; ss. 104, 114, ch. 92-318; s. 19, ch. 99-286; s. 1208, ch. 2003-261.

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Amendments to 627.786

Annotations, Discussions, Cases:

Cases Citing Statute 627.786

Total Results: 11

Geico General Insurance Co. v. Virtual Imaging Services, Inc.

141 So. 3d 147, 38 Fla. L. Weekly Supp. 517, 2013 WL 3332385, 2013 Fla. LEXIS 1387

Supreme Court of Florida | Filed: Jul 3, 2013 | Docket: 60241811

Cited 9 times | Published

maximum charges set forth in the PIP statute. § 627.786(5)(a)2., Fla. Stat. (2008) (emphasis supplied)

Sommers v. Smith and Berman, PA

637 So. 2d 60, 1994 WL 189632

District Court of Appeal of Florida | Filed: May 18, 1994 | Docket: 422872

Cited 6 times | Published

a closing besides issuing a title policy. Section 627.786(3), Florida Statutes (1987) authorizes the

Allstate Fire & Casualty Insurance Co. v. Perez

111 So. 3d 960, 2013 WL 1748554, 2013 Fla. App. LEXIS 6626

District Court of Appeal of Florida | Filed: Apr 24, 2013 | Docket: 60230929

Cited 4 times | Published

Nonetheless, we are bound by the plain language of section 627.786(5)(a)(2)(f), which does not require a CPT code

Nunez v. Geico General Insurance

117 So. 3d 388, 38 Fla. L. Weekly Supp. 440, 2013 WL 3214401, 2013 Fla. LEXIS 1315

Supreme Court of Florida | Filed: Jun 27, 2013 | Docket: 60232657

Cited 3 times | Published

and relevant caselaw. *3931. The PIP Statute Section 627.786, Florida Statutes (2008), is silent regarding

FCOA LLC v. Foremost Title & Escrow Services LLC

Court of Appeals for the Eleventh Circuit | Filed: Jan 12, 2023 | Docket: 66718848

Published

type of insurance, and vice versa. Fla. Stat. § 627.786. 3 Enter FT&E. In 2015, two

State Farm Mutual Automobile Insurance Company v. Delray Medical Center, Inc.

178 So. 3d 511, 2015 Fla. App. LEXIS 16568, 2015 WL 6735339

District Court of Appeal of Florida | Filed: Nov 4, 2015 | Docket: 3009686

Published

DCA 2001), also examined the parameters of section 627.786(6)(b). In that case, the court found good cause

State Farm Mutual Automobile Insurance Co. v. Gonzalez

178 So. 3d 448, 2015 Fla. App. LEXIS 15185, 2015 WL 5965211

District Court of Appeal of Florida | Filed: Oct 14, 2015 | Docket: 2919759

Published

PIP benefits were overdue). Although section 627.786(4)(b) provides that PIP benefits “shall be

Granada Insurance Co. v. Mark A. Cereceda, D.C., P.A.

997 So. 2d 1243, 2008 Fla. App. LEXIS 20377

District Court of Appeal of Florida | Filed: Dec 31, 2008 | Docket: 64857386

Published

wrote the “plain and unambiguous terms [of] section 627.786(7)(a) do[] not address situations in which

State Farm Mutual Automobile Insurance v. Jenkins

767 So. 2d 622, 2000 Fla. App. LEXIS 11913, 2000 WL 1345932

District Court of Appeal of Florida | Filed: Sep 20, 2000 | Docket: 64800511

Published

overdue under the thirty day provision of section 627.786(4)(b), Florida Statutes (1999). Respondent

Escrow Disbursement Insurance Agency, Inc. v. American Title & Insurance

551 F. Supp. 302, 11 Fed. R. Serv. 1767, 1982 U.S. Dist. LEXIS 15750

District Court, S.D. Florida | Filed: Nov 9, 1982 | Docket: 2266722

Published

state of Florida are prohibited by Fla.Stat. § 627.786. This statute provides that "[n]o insurer shall

State Farm Mutual Automobile Insurance v. Nicholson

337 So. 2d 860, 1976 Fla. App. LEXIS 15503

District Court of Appeal of Florida | Filed: Oct 6, 1976 | Docket: 64555228

Published

Farm. The relevant statute in the Act is F.S. § 627.786(4)(d)(l) which provides that benefits obtain for

This Florida statute resource is curated by Graham W. Syfert, Esq., a Jacksonville, Florida personal injury and workers' compensation attorney. Attorney Syfert regularly works with Chapter 627 in the context of insurance coverage law and represents clients throughout Northeast Florida. For legal consultation, call 904-383-7448.