reglab/housing_qa huggingface dataset:
FL Stat § 632.634 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.634 - Licensing and Appointment of Agents.

632.634 Licensing and appointment of agents.—(1) Agents of societies shall be licensed and appointed in accordance with the provisions of the Florida Insurance Code regulating the licensing, appointment, examination, revocation, suspension, or termination of the license of resident and nonresident life, health, and variable annuity insurance agents.(2) No examination, license, or appointment shall be required of any regular salaried officer, employee, or member of a licensed society who devotes substantially all of her or his services to activities other than the solicitation of benefit contracts from the public and who receives no commission or other compensation directly dependent upon the amount of business obtained for the solicitation of such contracts.(3) Any agent, representative, or member of a society who in any preceding calendar year has solicited and procured life insurance benefit contracts on behalf of any society in a total amount of insurance less than $50,000, or, in the case of any other kind or kinds of insurance benefit contracts which the society might write, on not more than 25 individuals, shall be exempt from the agent licensing and appointment requirements of subsection (1). Upon request by the department, every society shall register, on forms prescribed by the department and on or before March 1 of each year, the name and residence address of each agent, representative, or member exempt under the provisions of this subsection and shall, within 30 days of termination of employment, notify the department of the termination. Any agent, representative, or member for which an exemption is claimed due to employment by the society subsequent to March 1 shall be registered by the society with the department within 10 days of the date of employment.History.—ss. 4, 6, ch. 86-140; s. 136, ch. 91-108; s. 4, ch. 91-429; s. 420, ch. 97-102; s. 69, ch. 2003-267; s. 60, ch. 2003-281.
FL Stat § 632.635 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.635 - Unfair and Deceptive Acts and Practices.

632.635 Unfair and deceptive acts and practices.—Every society authorized to do business in this state shall be subject to the provisions of the Unfair Insurance Trade Practices Act as provided in part IX of chapter 626; provided, however, that nothing in such provisions shall be construed as applying to or affecting the right of any society to determine its eligibility requirements for membership, or be construed as applying to or affecting the offering of benefits exclusively to members or persons eligible for membership in the society.History.—ss. 4, 6, ch. 86-140; s. 7, ch. 91-110; s. 4, ch. 91-429; s. 1, ch. 2001-64.
FL Stat § 632.636 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.636 - Violations; Penalties.

632.636 Violations; penalties.—(1) The provisions of s. 624.15 shall apply with respect to:(a) Any person who willfully makes a false or fraudulent statement in or relating to an application for membership or for the purpose of obtaining money from or a benefit in any society;(b) Any person who solicits membership for, or in any manner assists in procuring membership in, any society not licensed to do business in this state;(c) Any person guilty of a willful violation of, or neglect or refusal to comply with, the provisions of this chapter for which a penalty is not otherwise prescribed.(2) Any person who willfully makes a false or fraudulent statement:(a) In any verified report or declaration under oath required or authorized by this chapter, or(b) Of any material fact or thing contained in a sworn statement concerning the death or disability of an insured for the purpose of procuring payment of a benefit named in the certificate,shall be guilty of perjury and shall be subject to the penalties therefor prescribed by law.History.—ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.
FL Stat § 632.638 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 632 - Fraternal Benefit Societies|632.638 - Applicability of Other Code Provisions.

632.638 Applicability of other code provisions.—In addition to other provisions contained or referred to in this chapter, the following chapters and provisions of this code apply to fraternal benefit societies, to the extent applicable and not in conflict with the express provisions of this chapter and the reasonable implications thereof:(1) Part I of chapter 624;(2) Part II of chapter 624;(3) Sections 624.404, 624.415, 624.416, 624.418, 624.420, 624.421, 624.4211, 624.422, and 624.423;(4) Section 624.501;(5) Part I of chapter 626;(6) Part III of chapter 626;(7) Part IV of chapter 626;(8) Sections 626.901-626.912;(9) Part VIII of chapter 626, subject to the limitations set forth in former s. 632.341;(10) Section 627.424;(11) Section 627.428;(12) Section 627.4301;(13) Section 627.479; and(14) Part I of chapter 631.History.—ss. 4, 6, ch. 86-140; s. 44, ch. 88-166; s. 20, ch. 90-119; s. 184, ch. 91-108; s. 4, ch. 91-429; s. 3, ch. 97-182.
FL Stat § 635.011 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.011 - Definitions.

635.011 Definitions.—As used in this chapter, the term:(1) “Mortgage guaranty insurance” means a form of casualty insurance insuring lenders against:(a) Financial loss by reason of nonpayment of principal, interest, and other sums agreed to be paid under the terms of any note, bond, or other evidence of indebtedness secured by a mortgage, deed of trust, or other instrument constituting a lien or charge on real estate which contains a residential building or a building designed to be occupied for industrial or commercial purposes.(b) Financial loss by reason of nonpayment of rent and other sums agreed to be paid under the terms of a written lease for the possession, use, or occupancy of real estate, provided such real estate is designed to be occupied for industrial or commercial purposes.(2) “Contingency reserve” means a special premium reserve which is in addition to other premium reserves required by law and which is established for the protection of policyholders against the effect of adverse economic cycles.History.—s. 1, ch. 59-182; ss. 13, 35, ch. 69-106; s. 1, ch. 71-151; s. 269, ch. 71-377; s. 2, ch. 81-318; ss. 1, 11, 12, ch. 83-281; ss. 1, 5, ch. 93-21; s. 1517, ch. 2003-261.
FL Stat § 635.021 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.021 - Authority to Transact Mortgage Guaranty Insurance.

635.021 Authority to transact mortgage guaranty insurance.—Mortgage guaranty insurance may be transacted by a stock casualty insurer or a stock surety insurer holding a certificate of authority for the transaction of insurance in this state.History.—s. 2, ch. 59-182; s. 2, ch. 81-318; ss. 2, 11, 12, ch. 83-281; s. 5, ch. 93-21.
FL Stat § 635.031 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.031 - Additional Limitations.

635.031 Additional limitations.—In addition to laws otherwise applicable, mortgage guaranty insurers are subject to the following limitations:(1) No such insurer may retain risk as to any one subject of insurance in any amount exceeding 10 percent of its surplus as to policyholders. In determining the amount of risk retained, applicable reinsurance in any assuming insurer authorized to transact insurance in this state or approved by the office shall be deducted from the total direct risk insured.(2) Mortgage guaranty insurance may be written with respect to real estate loans only on those loans which a bank, a savings and loan association, or an insurance company regulated by this state or an agency of the Federal Government is authorized to make.History.—s. 3, ch. 59-182; s. 1, ch. 63-428; s. 1, ch. 65-494; ss. 13, 35, ch. 69-106; s. 2, ch. 71-151; s. 2, ch. 81-318; ss. 3, 11, 12, ch. 83-281; s. 5, ch. 93-21; s. 1518, ch. 2003-261.
FL Stat § 635.041 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.041 - Contingency Reserve.

635.041 Contingency reserve.—(1) Each mortgage guaranty insurer shall establish and maintain as a liability a contingency reserve out of earned premiums remaining after establishment of the unearned premium reserve. The insurer shall contribute an amount equal to 50 percent of the earned premiums into the contingency reserve.(2) Subject to approval by the insurance department of the insurer’s state of domicile and upon 30 days’ prior notice to the office, the contingency reserve shall be available for loss payments only when the insurer’s incurred losses in any one calendar year exceed 35 percent of the corresponding earned premiums.(3) In the event of the release of the contingency reserve for payment of losses, as approved by the state regulating agency in the insurer’s state of domicile, the contributions required under subsection (1) shall be treated on a first-in-first-out basis.(4) The contribution made during each calendar year to the contingency reserve pertaining to a particular insurance policy shall be maintained (subject to prior payment of losses therefrom as provided in subsection (3)) for a period of 120 months.History.—s. 4, ch. 59-182; ss. 13, 35, ch. 69-106; s. 2, ch. 81-318; ss. 4, 11, 12, ch. 83-281; ss. 2, 5, ch. 93-21; s. 1519, ch. 2003-261.
FL Stat § 635.042 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.042 - Minimum Surplus Requirement.

635.042 Minimum surplus requirement.—(1) A mortgage guaranty insurer shall maintain a minimum surplus of not less than the greater of $4 million or 10 percent of the insurer’s total outstanding liabilities other than the required contingency reserve. A mortgage guaranty insurer is not required to have a surplus as to policyholders greater than $100 million.(2) A mortgage guaranty insurer must possess sufficient capital and surplus so that the total outstanding aggregate exposure net of reinsurance under mortgage guaranty policies written by the insurer does not exceed 25 times its paid-in capital, surplus, and contingency reserve combined. A mortgage guaranty insurer shall disclose in the audited financial reports required under s. 624.424(8), the total aggregate exposure net of reinsurance under mortgage guaranty policies written by the insurer. The Commissioner of Insurance Regulation may permit a temporary exception to the requirements of this subsection at the written request of a mortgage guaranty insurer upon a finding that the mortgage guaranty insurer’s financial position is reasonable in relationship to the mortgage guaranty insurer’s aggregate insured risk and financial needs.(3) If a mortgage guaranty insurer is not in compliance with this section and has not been permitted an exception as provided in subsection (2), the office may take any action against the insurer that the office may take against an insurer that is not in compliance with s. 624.408.History.—ss. 5, 12, ch. 83-281; s. 5, ch. 93-21; s. 2, ch. 2001-37; s. 1520, ch. 2003-261; s. 1, ch. 2010-56; s. 1, ch. 2010-56.
FL Stat § 635.051 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.051 - Licensing and Appointment of Mortgage Guaranty Insurance Agents.

635.051 Licensing and appointment of mortgage guaranty insurance agents.—(1) Effective October 1, 2012, a person may not transact mortgage guaranty insurance unless licensed and appointed as a credit insurance agent in accordance with the applicable provisions of the insurance code. Mortgage guaranty licenses held by persons on October 1, 2012, shall be transferred to a credit insurance agent license. Persons who wish to obtain a new license identification card that reflects this change must submit the $5 fee as prescribed in s. 624.501(15).(2) Any general lines agent licensed under chapter 626 is qualified to represent a mortgage guaranty insurer without additional licensure.(3) The department shall charge mortgage guaranty insurance agents the same applicable license and appointment taxes and fees as charged general lines agents in s. 624.501. The department shall deposit such license and appointment taxes and fees in the same manner as provided in s. 624.523 for the deposit of license and appointment taxes and fees by general lines agents.History.—s. 5, ch. 59-182; ss. 13, 35, ch. 69-106; s. 2, ch. 81-318; ss. 6, 11, 12, ch. 83-281; s. 41, ch. 87-226; s. 158, ch. 91-108; ss. 3, 5, ch. 93-21; s. 483, ch. 97-102; s. 53, ch. 2012-209.
FL Stat § 635.061 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.061 - Premium Cost.

635.061 Premium cost.—For purposes of computing finance charges or determining whether a mortgage loan is usurious, any premium cost of mortgage guaranty insurance that is paid by or collected from the mortgagor as a separate charge shall be deemed to not constitute a part of the cost of, or interest upon, or charges or consideration or an amount in excess of permitted charges in connection with, any mortgage loan.History.—s. 6, ch. 59-182; s. 2, ch. 81-318; ss. 7, 11, 12, ch. 83-281; s. 15, ch. 92-328; s. 5, ch. 93-21.
FL Stat § 635.071 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.071 - Filings, Approval of Forms; Rate Filings.

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.
FL Stat § 635.075 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.075 - Restoration of Property.

635.075 Restoration of property.—Mortgage guaranty insurance policies issued for delivery in this state shall contain, as a condition precedent to payment in the event of default, a provision that the insured must restore the property to its condition at the time of issuance of the policy, except for reasonable wear and tear.History.—ss. 12, 13, ch. 83-281; s. 5, ch. 93-21.
FL Stat § 635.081 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.081 - Administration and Enforcement.

635.081 Administration and enforcement.—The commission may adopt rules pursuant to ss. 120.536(1) and 120.54 to implement the provisions of this chapter and shall have the same powers of administration and enforcement of the provisions of this chapter as it has with respect to casualty or surety insurers in general under the Florida Insurance Code.History.—s. 8, ch. 59-182; ss. 13, 35, ch. 69-106; s. 2, ch. 81-318; ss. 9, 11, 12, ch. 83-281; s. 5, ch. 93-21; s. 212, ch. 98-200; s. 1522, ch. 2003-261.
FL Stat § 635.091 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 635 - Mortgage Guaranty Insurance|635.091 - Provisions of Florida Insurance Code Applicable to Mortgage Guaranty Insurance.

635.091 Provisions of Florida Insurance Code applicable to mortgage guaranty insurance.—The following provisions of the Florida Insurance Code apply to mortgage guaranty insurers: chapter 624; chapter 625; parts I, II, VIII, and X of chapter 626; s. 627.409; s. 627.915; chapter 628; and chapter 631.History.—ss. 10, 12, ch. 83-281; s. 42, ch. 87-226; s. 20, ch. 90-119; ss. 4, 5, ch. 93-21.
FL Stat § 642.011 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 642 - Legal Expense Insurance|642.011 - Short Title.

642.011 Short title.—Sections 642.011-642.049 may be cited as the “Legal Expense Insurance Act.”History.—s. 1, ch. 79-103; s. 2, ch. 81-318; ss. 20, 21, ch. 83-278; ss. 6, 7, ch. 93-147.
FL Stat § 642.013 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 642 - Legal Expense Insurance|642.013 - Purpose.

642.013 Purpose.—The purpose of ss. 642.011-642.049 is to authorize certification and regulation of certain organizations which provide programs for the payment of the costs of legal services or provide legal services.History.—s. 1, ch. 79-103; s. 2, ch. 81-318; ss. 20, 21, ch. 83-278; ss. 6, 7, ch. 93-147.
FL Stat § 642.015 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 642 - Legal Expense Insurance|642.015 - Definitions.

642.015 Definitions.—As used in ss. 642.011-642.049, the term:(1) “Gross written premiums” means the total amount of premiums paid by the consumer for the entire period of the legal expense insurance contract, including commissions.(2) “Insurer” means any person authorized to conduct a life or casualty insurance business in this state or a legal expense insurance corporation authorized under ss. 642.011-642.049.(3) “Legal expense insurance” means a contractual obligation to provide specific legal services, or to reimburse for specific legal expenses, in consideration of a specified payment for an interval of time, regardless of whether the payment is made by the beneficiaries individually or by a third person for them, but does not include the provision of, or reimbursement for, legal services incidental to other insurance coverages.History.—s. 1, ch. 79-103; s. 2, ch. 81-318; ss. 1, 20, 21, ch. 83-278; ss. 1, 6, 7, ch. 93-147; s. 1634, ch. 2003-261.
FL Stat § 642.016 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 642 - Legal Expense Insurance|642.016 - Chapter Exclusive; Applicability of Other Laws.

642.016 Chapter exclusive; applicability of other laws.—Except as provided in this chapter, legal expense insurance corporations shall be governed by this chapter and shall be exempt from all other provisions of the Florida Insurance Code.History.—ss. 29, 52, ch. 85-321; ss. 6, 7, ch. 93-147.
FL Stat § 642.017 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 642 - Legal Expense Insurance|642.017 - Exemptions.

642.017 Exemptions.—The provisions of the Florida Insurance Code do not apply to:(1) Retainer contracts made by attorneys at law with individual clients with fees based on estimates of the nature and amount of services to be provided to the specific client and similar contracts made with a group of clients involved in the same or closely related legal matters.(2) Any lawyer referral service authorized by The Florida Bar.(3) The furnishing of legal assistance by labor unions or other employee organizations to their members in matters relating to employment or occupation.(4) The furnishing of legal assistance to members, or their dependents, by a church, cooperative, educational institution, credit union, or organization of employees, in which the organization contracts directly with a lawyer or law firm for the provision of legal services and the administration and marketing of such legal services are conducted wholly by the organization.(5) Employee welfare benefit plans to the extent that state laws are superseded by the Employee Retirement Income Security Act of 1974, 29 U.S.C. s. 1144, provided evidence of exemption from state laws is shown to the office.History.—s. 1, ch. 79-103; s. 2, ch. 81-318; ss. 2, 20, 21, ch. 83-278; ss. 6, 7, ch. 93-147; s. 1635, ch. 2003-261.
FL Stat § 642.019 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 642 - Legal Expense Insurance|642.019 - Organization of Legal Expense Insurance Corporations.

642.019 Organization of legal expense insurance corporations.—(1) Any number of corporations or adult natural persons may organize a legal expense insurance corporation under the law of this state relating to corporations generally.(2) The articles of incorporation shall conform to the requirements applicable to corporations, and, in addition:(a) The name of the corporation shall indicate that legal services or indemnity for legal expenses is to be provided; and(b) The purposes of the corporation shall be limited to providing legal services or indemnity for legal expenses and business reasonably related thereto.History.—s. 1, ch. 79-103; s. 2, ch. 81-318; ss. 3, 20, 21, ch. 83-278; ss. 6, 7, ch. 93-147.
FL Stat § 642.022 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 642 - Legal Expense Insurance|642.022 - Insurance Business Not Authorized.

642.022 Insurance business not authorized.—Nothing in the Florida Insurance Code or this chapter shall be deemed to authorize any legal expense corporation to transact any insurance business other than that of legal expense insurance or to otherwise engage in any other type of insurance unless it is authorized under a certificate of authority issued by the office under the provisions of the Florida Insurance Code.History.—ss. 30, 52, ch. 85-321; ss. 6, 7, ch. 93-147; s. 1637, ch. 2003-261.
FL Stat § 642.024 (2021)
2021 Florida Statutes|Title XXXVII - Insurance|Chapter 642 - Legal Expense Insurance|642.024 - Levy Upon Deposit.

642.024 Levy upon deposit.—No judgment creditor or other claimant of a legal expense insurance corporation shall have the right to levy upon any of the assets or securities held in this state as a deposit under s. 642.023.History.—ss. 41, 52, ch. 85-321; ss. 6, 7, ch. 93-147.