Florida Statute 631.51 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 631
INSURER INSOLVENCY; GUARANTY OF PAYMENT

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F.S. 631.51

631.51 Purposes.—The purposes of this part are to:

(1) Provide a mechanism for the payment of covered claims under certain insurance policies to avoid excessive delay in payment and to avoid financial loss to claimants or policyholders because of the insolvency of an insurer;

(2) Assist in the detection and prevention of insurer insolvencies;

(3) Create a nonprofit corporation to administer and supervise the operation of such association; and

(4) Assess the cost of such protection among insurers.

History.—s. 2, ch. 70-20; s. 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429.

F.S. 631.51 on Google Scholar

F.S. 631.51 on Casetext

Amendments to 631.51

Arrestable Offenses / Crimes under Fla. Stat. 631.51

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 631.51.

Annotations, Discussions, Cases:

Cases Citing Statute 631.51

Total Results: 20

FLORIDA INSURANCE GUARANTY ASSOCIATION v. YANICET REYES

Court: Fla. Dist. Ct. App. | Date Filed: 2020-09-30T00:53:00-07:00

Snippet: insureds for covered claims, not all claims. See § 631.51(1); Jones v. Fla. Ins. Guar. Ass'n, 908 So.

PHYLIS HEID v. FLORIDA INSURANCE GUARANTY ASSOC.

Court: Fla. Dist. Ct. App. | Date Filed: 2019-10-11T00:53:00-07:00

Snippet: because of the insolvency of an insurer." § 631.51(1). The courts have been directed by the Legislature…quot;to avoid excessive delay in payment," § 631.51(1). Because FIGA affirmatively denied Heid'

Gonzalez v. Homewise Preferred Insurance Company

Court: Fla. Dist. Ct. App. | Date Filed: 2017-02-15T00:00:00-08:00

Citation: 210 So. 3d 260, 2017 WL 603317, 2017 Fla. App. LEXIS 1958

Snippet: policyholders because of the insolvency of an insurer,” § 631.51(1). The Act expressly states that it is to be liberally

Morrison v. Homewise Preferred Insurance Co.

Court: Fla. Dist. Ct. App. | Date Filed: 2017-02-10T00:00:00-08:00

Citation: 209 So. 3d 682, 2017 WL 543427, 2017 Fla. App. LEXIS 1648

Snippet: policyholders after their insurers have become insolvent. § 631.51(1), Fla. Stat. (2011). The FIGA Act is administered

Leandro de la Fuente v. Florida Insurance Guaranty Association

Court: Fla. | Date Filed: 2016-10-20T00:00:00-07:00

Citation: 202 So. 3d 396, 41 Fla. L. Weekly Supp. 473, 2016 Fla. LEXIS 2327

Snippet: cost of such protection among insurers. § 631.51, Fla. Stat. (2011); see 631.57, Fla.…claims,” resulting from an insurer’s insolvency. § 631.51, Fla. Stat. (2011). We have previously described…construed to effect the purposes set, forth in s. 631.51, [Florida Statutes],” this does not mean that the

Florida Insurance Guaranty Association, Inc. v. Mendoza and Llanes

Court: Fla. Dist. Ct. App. | Date Filed: 2016-04-13T00:00:00-07:00

Citation: 193 So. 3d 940, 2016 WL 1445424, 2016 Fla. App. LEXIS 5583

Snippet: promote the purposes articulated in section 631.51. Section 631.51(1) provides: “The purposes ... are to: …appointed the receiver for that insolvent insurer. § 631.051, Fla; Stat. (2011). As part of DFS’s receivership…policyholders because of the insolvency of an insurer[.]” § 631.51(1), Fla. Stat. (2011). Yet we need not employ a

New Hampshire Indemnity Company v. John Gray Damil Belizaire etc.

Court: Fla. Dist. Ct. App. | Date Filed: 2015-10-20T00:00:00-07:00

Citation: 177 So. 3d 56

Snippet: the insolvency of the insurer. See § 631.51(1).” Jones, 908 So.2d at 454. The court

Florida Office of Insurance Regulation v. Florida Department of Financial Services

Court: Fla. Dist. Ct. App. | Date Filed: 2015-03-12T00:00:00-07:00

Citation: 159 So. 3d 945, 2015 Fla. App. LEXIS 3576

Snippet: Regulation.” § 20.121(3)(a)l., Fla. Stat. See also § 631.051, Fla. Stat. (setting forth the grounds upon which…from other sources. OIR noted that under section 631.051(B), the Commissioner shall notify DFS “[u]pon a

Florida Insurance Guaranty v. Sill

Court: Fla. Dist. Ct. App. | Date Filed: 2014-12-12T00:00:00-08:00

Citation: 154 So. 3d 422, 2014 Fla. App. LEXIS 20156, 2014 WL 6990579

Snippet: Neighborhood Ass’n, 67 So.3d 187, 189 (Fla.2011); see §§ 631.51, 631.55, Fla. Stat. (2011). . FIGA also raises

Florida Insurance Guaranty Ass'n v. Martucci

Court: Fla. Dist. Ct. App. | Date Filed: 2014-12-05T00:00:00-08:00

Citation: 152 So. 3d 759, 2014 Fla. App. LEXIS 19791, 2014 WL 6833746

Snippet: Ass’n, 67 So.3d 187, 189 (Fla.2011)); see also §§ 631.51-.55, Fla. Stat. (2011). . The Homewise policy

Florida Insurance Guaranty v. Maroulis

Court: Fla. Dist. Ct. App. | Date Filed: 2014-10-17T00:00:00-07:00

Citation: 153 So. 3d 298, 2014 Fla. App. LEXIS 17012, 2014 WL 5285013

Snippet: Neighborhood Ass’n, 67 So.3d 187, 189 (Fla.2011); see §§ 631.51, 631.55, Fla. Stat. (2011). . Because this issue

Florida Insurance Guaranty v. Rodriguez

Court: Fla. Dist. Ct. App. | Date Filed: 2014-10-17T00:00:00-07:00

Citation: 153 So. 3d 301, 2014 Fla. App. LEXIS 17013, 2014 WL 5285005

Snippet: Neighborhood Ass’n, 67 So.3d 187, 189 (Fla.2011); see §§ 631.51, 631.55, Fla. Stat. (2011). . Because this issue

Florida Insurance Guaranty Ass'n v. Santos

Court: Fla. Dist. Ct. App. | Date Filed: 2014-10-17T00:00:00-07:00

Citation: 148 So. 3d 837, 2014 Fla. App. LEXIS 17011, 2014 WL 5285006

Snippet: Neighborhood Ass’n, 67 So.3d 187, 189 (Fla.2011); see §§ 631.51, 631.55, Fla. Stat. (2011). No. 5D13-3206

Florida Insurance Guaranty v. Reynolds

Court: Fla. Dist. Ct. App. | Date Filed: 2014-10-17T00:00:00-07:00

Citation: 148 So. 3d 840, 2014 Fla. App. LEXIS 17015, 2014 WL 5285001

Snippet: Neighborhood Ass’n, 67 So.3d 187, 189 (Fla.2011); see §§ 631.51, 631.55, Fla. Stat. (2011). . Because this issue

Florida Insurance Guaranty Ass'n v. Branco

Court: Fla. Dist. Ct. App. | Date Filed: 2014-09-19T00:00:00-07:00

Citation: 148 So. 3d 488, 2014 Fla. App. LEXIS 14602

Snippet: Ass'n, 67 So.3d 187, 189 (Fla.2011); see §§ 631.51, 631.55, Fla. Stat. (2011). . See § 631.67, Fla

Florida Insurance Guaranty Ass'n v. Bernard

Court: Fla. Dist. Ct. App. | Date Filed: 2014-05-14T00:00:00-07:00

Citation: 140 So. 3d 1023, 2014 WL 1921745, 2014 Fla. App. LEXIS 7160

Snippet: policyholders because of the insolvency of an insurer.” § 631.51(1), Fla. Stat. Thus, “when an insurer becomes insolvent

Devonshire at PGA National, LLC v. State ex rel. Department of Financial Services

Court: Fla. Dist. Ct. App. | Date Filed: 2013-01-11T00:00:00-08:00

Citation: 103 So. 3d 1060, 2013 WL 132695, 2013 Fla. App. LEXIS 479

Snippet: plans with which providers must comply.6 Section 631.051, referred to above in subsection 651.114(5), sets…policyholders, creditors, stockholders, or the public; § 631.051(1), (3). Based upon findings by OIR that an insurer

Florida Insurance Guaranty Ass'n v. Karelas

Court: Fla. Dist. Ct. App. | Date Filed: 2012-12-05T00:00:00-08:00

Citation: 106 So. 3d 1, 2012 WL 6049111, 2012 Fla. App. LEXIS 20814

Snippet: 631.55(1) mandated the creation of FIGA, and section 631.51(1) provides that its purpose is to ‘[pjrovide a

Interstate Fire & Casualty Co. v. Abernathy

Court: Fla. Dist. Ct. App. | Date Filed: 2012-05-24T00:00:00-07:00

Citation: 93 So. 3d 352, 2012 WL 1883116, 2012 Fla. App. LEXIS 8278

Snippet: the cost of such protection among insurers.” § 631.51(1)-(4), Fla. Stat. (2011). This Act established

Florida Insurance Guaranty Ass'n v. Devon Neighborhood Ass'n

Court: Fla. | Date Filed: 2011-06-30T00:00:00-07:00

Citation: 67 So. 3d 187, 36 Fla. L. Weekly Supp. 311, 2011 Fla. LEXIS 1526, 2011 WL 2566399

Snippet: by insurers which have become insolvent.[2]See § 631.51, Fla. Stat. (2010); O'Malley v. Fla. Ins.