Florida Statute 642.027 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XXXVII
INSURANCE

Chapter 642
LEGAL EXPENSE INSURANCE

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F.S. 642.027

642.027 Premium rates.—No policy of legal expense insurance may be issued in this state unless the premium rates for the insurance have been filed with and approved by the office. Premium rates shall be established and justified in accordance with generally accepted insurance principles, including, but not limited to, the experience or judgment of the insurer making the rate filing or actuarial computations. The office may disapprove rates that are excessive, inadequate, or unfairly discriminatory. Rates are not unfairly discriminatory because they are averaged broadly among persons insured under group, blanket, or franchise policies. The office may require the submission of any other information reasonably necessary in determining whether to approve or disapprove a filing made under this section or s. 642.025.

History.—s. 1, ch. 79-103; s. 2, ch. 81-318; ss. 20, 21, ch. 83-278; ss. 6, 7, ch. 93-147; s. 1640, ch. 2003-261.

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Amendments to 642.027

Annotations, Discussions, Cases:

Cases Citing Statute 642.027

Total Results: 2

Southeastern Fisheries Ass'n v. Chiles

979 F.2d 1504, 1992 WL 361470

Court of Appeals for the Eleventh Circuit | Filed: Dec 29, 1992 | Docket: 66279041

Cited 1 times | Published

Reg. 38810 (1992) (to be codified at 50 C.F.R. § 642.27(a)(2)).

Southeastern Fisheries Association, Incorporated v. Chiles

979 F.2d 1504, 23 Envtl. L. Rep. (Envtl. Law Inst.) 20503, 1992 U.S. App. LEXIS 33638

Court of Appeals for the Eleventh Circuit | Filed: Dec 29, 1992 | Docket: 1264223

Cited 1 times | Published

Reg. 38810 (1992) (to be codified at 50 C.F.R. § 642.27(a)(2))