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Florida Statute 627.4615 | Lawyer Caselaw & Research
F.S. 627.4615 Case Law from Google Scholar
Statute is currently reporting as:
Link to State of Florida Official Statute Google Search for Amendments to 627.4615

The 2023 Florida Statutes (including Special Session C)

Title XXXVII
INSURANCE
Chapter 627
INSURANCE RATES AND CONTRACTS
View Entire Chapter
F.S. 627.4615
627.4615 Interest payable on death claim payments.When a policy provides for payment of its proceeds in a lump sum upon the death of the insured, the payment must include interest, at an annual rate equal to or greater than the Moody’s Corporate Bond Yield Average-Monthly Average Corporate as of the day the claim was received, from the date the insurer receives written due proof of death of the insured. If the method of calculating such index is substantially changed from the method of calculation in use on January 1, 1993, the rate must not be less than 8 percent.
History.s. 15, ch. 83-288; s. 3, ch. 84-94; ss. 43, 114, ch. 92-318.

F.S. 627.4615 on Google Scholar

F.S. 627.4615 on Casetext

Amendments to 627.4615


Arrestable Offenses / Crimes under Fla. Stat. 627.4615
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 627.4615.



Annotations, Discussions, Cases:

Cases from cite.case.law:

THRIVENT FINANCIAL FOR LUTHERANS, v. STATE DEPARTMENT OF FINANCIAL SERVICES,, 145 So. 3d 178 (Fla. Dist. Ct. App. 2014)

. . . The amount presumed unclaimed shall include any amount due and payable under s. 627.4615. (3) For purposes . . .

E. MOHNKERN, v. PROFESSIONAL INSURANCE COMPANY, f. k. a., 542 F.3d 157 (6th Cir. 2008)

. . . Mohnkern also argues the district court erred in denying her claim for interest under Florida Statute § 627.4615 . . . Mohnkern argues that under § 627.4615, where a beneficiary is ultimately determined to be entitled to . . . argues that it paid the proceeds of the Blacknell policy, along with the applicable interest under § 627.4615 . . . Accordingly, the district court’s denial of Mohnkern’s claim for interest under § 627.4615 is AFFIRMED . . . Section 627.4615 Fla. . . .

A. MALEK, f. k. a. f. k. a. v. NEW YORK LIFE INSURANCE CO., 246 F. App'x 635 (11th Cir. 2007)

. . . . § 627.4615. . . . The district court held, pursuant to § 627.4615, that Forre was entitled to interest beginning from February . . . that at this point it had “due proof of death,” and was required to pay Forre interest pursuant to § 627.4615 . . . On remand, the district court should amend its judgment to calculate the interest NYL owes under § 627.4615 . . .

STONE, v. JACKSON NATIONAL LIFE INSURANCE COMPANY,, 934 So. 2d 532 (Fla. Dist. Ct. App. 2006)

. . . Stone maintains that, although the policy did not contain the substantive provisions of section 627.4615 . . . Jackson also argues that section 627.452(1) does not mandate that section 627.4615 be included in the . . . Jackson contends that, since section 627.4615 does not contain language such as “shall be included,” . . . need not be -written into insurance policies as it is not “required ,by” section 627.4615. . . . However, the language of the statute at issue in the instant case, section 627.4615, does not mandate . . .

BEST MERIDIAN INSURANCE COMPANY, v. TUATY,, 811 So. 2d 777 (Fla. Dist. Ct. App. 2002)

. . . Best Meridian also argues that the trial court misapplied section 627.4615, Florida Statutes in calculating . . . from the method of calculation in use on January 1, 1993, the rate must not be less than 8 percent. § .627.4615 . . . In interpreting this statute, the trial court determined that section 627.4615 limits Best Meridian’s . . .

GREAT WEST LIFE ASSURANCE COMPANY, v. GREENE,, 678 So. 2d 385 (Fla. Dist. Ct. App. 1996)

. . . It contended that this payment, although made, was not legally required as section 627.4615, Florida . . . Section 627.4615, Florida Statutes (1993), provides for interest only from the date the insurer receives . . .