Florida Statute 627.7865 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 627
INSURANCE RATES AND CONTRACTS

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F.S. 627.7865

627.7865 Title insurer assessments.—As a condition of doing business in this state, each title insurer shall be liable for an assessment to pay all unpaid title insurance claims on real property in this state for any title insurer which is liquidated with unpaid outstanding claims. The office shall assess all title insurers on a pro rata basis determined by their writings in this state for amounts necessary to pay the claims. A title insurer is not required to pay an amount in excess of one-tenth of its surplus as to policyholders.

History.—ss. 583, 809(2nd), ch. 82-243; s. 79, ch. 82-386; ss. 105, 114, ch. 92-318; s. 32, ch. 95-211; s. 1209, ch. 2003-261.

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Amendments to 627.7865

Arrestable Offenses / Crimes under Fla. Stat. 627.7865

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 627.7865.

Annotations, Discussions, Cases:

Cases Citing Statute 627.7865

Total Results: 2

Chicago Title Ins. Co. v. Butler

Court: Fla. | Date Filed: 2000-10-19T00:53:00-07:00

Citation: 770 So. 2d 1210

Snippet: contingencies, including contingent liability under s. 627.7865, sufficient to allow insurers and agents to earn

Preferred Title Ser. v. Seven Seas Resort

Court: Fla. Dist. Ct. App. | Date Filed: 1984-11-14T23:53:00-08:00

Citation: 458 So. 2d 884

Snippet: business and is regulated by section 627.7711 627.7865, Florida Statutes. The business of title insurance