The 2023 Florida Statutes (including Special Session C)

Title XXXVII
INSURANCE

Chapter 627
INSURANCE RATES AND CONTRACTS

View Entire Chapter

F.S. 627.7865

627.7865 Title insurer assessments.—As a condition of doing business in this state, each title insurer shall be liable for an assessment to pay all unpaid title insurance claims on real property in this state for any title insurer which is liquidated with unpaid outstanding claims. The office shall assess all title insurers on a pro rata basis determined by their writings in this state for amounts necessary to pay the claims. A title insurer is not required to pay an amount in excess of one-tenth of its surplus as to policyholders.

History.—ss. 583, 809(2nd), ch. 82-243; s. 79, ch. 82-386; ss. 105, 114, ch. 92-318; s. 32, ch. 95-211; s. 1209, ch. 2003-261.

F.S. 627.7865 on Google Scholar

F.S. 627.7865 on Casetext

Amendments to 627.7865

Arrestable Offenses / Crimes under Fla. Stat. 627.7865

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 627.7865.

Annotations, Discussions, Cases:

Cases from cite.case.law:

CHICAGO TITLE INSURANCE CO. v. S. BUTLER,, 770 So. 2d 1210 (Fla. 2000)

. . . reasonable margin for underwriting profit and contingencies, including contingent liability under s. 627.7865 . . .

PREFERRED TITLE SERVICES, INC. v. SEVEN SEAS RESORT CONDOMINIUM, INC., 458 So. 2d 884 (Fla. Dist. Ct. App. 1984)

. . . The issuance of title insurance is a legitimate business and is regulated by section 627.7711 — 627.7865 . . .