Florida Statutes, Rules, and Regulations Common to All Lines
A Florida policyholder learns that a reinsurer stands behind part of the insurer's risk and wants to claim against the reinsurer directly. What does section 624.610 provide?
Answer and explanation
Answer: C. Section 624.610(10) states that no person, other than the ceding insurer, has any rights against the reinsurer which are not specifically set forth in the contract of reinsurance or in a specific written, signed agreement between the reinsurer and that person. Absent such a term, none of the direct-claim routes described are open.Source: Fla. Stat. § 624.610 — 624.610(10), Rights of other persons
More florida statutes, rules, and regulations common to all lines questions
- An alien insurer holds a subsisting Florida certificate of authority, and a domestic insurer's certificate has lapsed. How does Florida classify each?
- An applicant completed prelicensing coursework three years ago and passed the examination fourteen months ago. What is the position?
- An applicant completed the Florida prelicensing course five years before filing the application. What follows?
- An applicant is found to have arranged for another person to sit the Florida licensing examination in his place. Under section 626.611, what follows?
- An applicant lets an assistant complete and submit the Florida licence application, and it contains a misstatement. Who is accountable?
- An appointing entity and its appointee both learn of the appointee's felony conviction on the same day. What deadlines apply?
589 Florida questions like this one.
Every answer explained, the ones you miss come back on a spaced schedule, and a plan built from your exam date.