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Florida Statute 635.071 - Full Text and Legal Analysis
Florida Statute 635.071 | Lawyer Caselaw & Research
Link to State of Florida Official Statute
F.S. 635.071 Case Law from Google Scholar Google Search for Amendments to 635.071

The 2025 Florida Statutes

Title XXXVII
INSURANCE
Chapter 635
MORTGAGE GUARANTY INSURANCE
View Entire Chapter
F.S. 635.071
635.071 Filings, approval of forms; rate filings.
(1) No policy form or related form may be issued or used in this state unless it has been filed with and approved by the office as provided by laws applicable to casualty or surety insurance.
(2) Each insurer shall file with the office for informational purposes the rate to be charged and the premium to be paid by the policyholder, including all modifications of rates and premiums.
(3) An insurer may not insure mortgages that are offered for sale to the public by advertisement, whether in newspapers, brochures, direct mailings, or similar media, if the advertisement expressly or impliedly represents or stresses that the worth, value, or safety of the mortgage investment arises by virtue of the proposed mortgage guaranty insurance rather than by virtue of the safety inherent in the value of the underlying security as it relates to the face value of the mortgage debt, or if the advertisement stresses the fact that the mortgage guaranty insurance is regulated by an agency of the state or Federal Government.
History.s. 7, ch. 59-182; ss. 13, 35, ch. 69-106; s. 2, ch. 81-318; ss. 8, 11, 12, ch. 83-281; s. 5, ch. 93-21; s. 19, ch. 2000-370; s. 1521, ch. 2003-261.

F.S. 635.071 on Google Scholar

F.S. 635.071 on CourtListener

Amendments to 635.071


Annotations, Discussions, Cases:

Cases Citing Statute 635.071

Total Results: 1

Home Guaranty Insurance v. Numerica Financial Services, Inc.

835 F.2d 1354

Court of Appeals for the Eleventh Circuit | Filed: Jan 19, 1988 | Docket: 66231311

Published

general licensing laws into the chapter; Fla.Stat. § 635.071 (1985) dictates that the insurance department