The 2023 Florida Statutes (including Special Session C)

Title XXXVII
INSURANCE

Chapter 624
INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS

View Entire Chapter

F.S. 624.07

624.07 “Domicile” defined.—Except as provided in s. 631.011, the “domicile” of an insurer means:

(1) As to Canadian insurers, Canada and the province under the laws of which the insurer was formed.

(2) As to other alien insurers authorized to transact insurance in one or more states, the state designated by the insurer in writing filed with the office at the time of admission to this state or within 6 months after the effective date of this code, whichever date is the later, and may be any of the following states:

(a) That in which the insurer was first authorized to transact insurance if the insurer is still so authorized.

(b) That in which is located the insurer’s principal place of business in the United States.

(c) That in which is held the larger deposit of trusteed assets of the insurer for the protection of its policyholders and creditors in the United States.

If the insurer makes no such designation, its domicile shall be deemed to be that state in which is located its principal place of business in the United States.

(3) As to alien insurers not authorized to transact insurance in one or more states, the country under the laws of which the insurer was formed.

(4) As to all other insurers, the state under the laws of which the insurer was formed.

History.—s. 7, ch. 59-205; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 3, 15, 809(1st), ch. 82-243; s. 2, ch. 82-386; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 752, ch. 2003-261.

F.S. 624.07 on Google Scholar

F.S. 624.07 on Casetext

Amendments to 624.07

Arrestable Offenses / Crimes under Fla. Stat. 624.07

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 624.07.

Annotations, Discussions, Cases:

Cases from cite.case.law:

PROVIDENT CAPITAL INDEMNITY, LTD. v. STATE DEPARTMENT OF INSURANCE,, 654 So. 2d 232 (Fla. Dist. Ct. App. 1995)

. . . And section 624.07(3) provides that the domicile of an alien insurer not authorized to transact insurance . . .

TAIWAN INTERNATIONAL LINE LIMITED, v. MATTHEW SHIP CHARTERING LTD. MONTREAL,, 546 F. Supp. 826 (S.D.N.Y. 1982)

. . . On January 8, 1982, Matthew Chartering sent an invoice to Associated for $246,-624.07, consisting of . . .

A. v. v. A. v., 33 B.T.A. 105 (B.T.A. 1935)

. . . For 1923, net income shown on the return was $23,-624.07; the correct net income was determined to be . . .