The 2024 Florida Statutes
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. . . Count I of the complaint sought a return of the deposits pursuant to section 627.792, Florida Statutes . . . Section 627.792 provides in relevant part: “A title insurer is liable for the defalcation, conversion . . . Therefore, they argued, section 627.792 did not apply. . . . So.3d at 417, this Court, citing the authority of the Florida Supreme Court, recognized that section 627.792 . . . as defined by section 626.8473(1), thereby exposing the defendants to liability pursuant to section 627.792 . . .
. . . the appel-lee, Lawyers Title Insurance Corporation (“Lawyers Title”), was not liable under section 627.792 . . . appellants then sought reimbursement for their escrow deposits from Lawyers Title pursuant to section 627.792 . . . Lawyers Title filed a complaint seeking a declaratory judgment that it was not liable under section 627.792 . . . Therefore, section 627.792, Florida Statutes does not apply to these deposits, and Lawyers Title is not . . . Nations Title Insurance of New York, 840 So.2d 993, 996 (Fla.2003), section 627.792 does not protect . . .
. . . question certified by the Third District Court of Appeal to be of great public importance: WHETHER § 627.792 . . . the reasons set forth below, we answer the certified question in the negative and find that section 627.792 . . . Section 627.792 makes title insurers liable for the defalcation of funds by their licensed title agents . . . Specifically, section 627.792 provides as follows: A title insurer is liable for the defalcation, conversion . . . It is reasonable to conclude that by enacting section 627.792, the Legislature intended to create an . . .
. . . Title Insurance Company (“Commonwealth”), on the Hechtmans’ statutory claims filed pursuant to section 627.792 . . . The lower court concluded that these title insurers were not liable to the Hechtmans under section 627.792 . . . Section 627.792 imposes liability upon title insurers for defalcation by its licensed title insurance . . . One such claim was filed pursuant to section 627.792. . . . On this appeal, the Hechtmans argue that section 627.792 must be construed to impose liability against . . . Florida that the decision herein passes upon the following question of great public importance: Whether § 627.792 . . . method of providing (a) that the statute applies only to a “licensed title insurance agent,” see § 627.792 . . . I would instead effect the legislative intent by reading section 627.792 as written, that is, as non-exclusive . . . By enacting section 627.792, the legislature sought to provide a remedy for just the losses which occurred . . .