Florida Statutes, Rules, and Regulations Common to All Lines
Under Florida law, what makes an insurer a domestic insurer?
Answer and explanation
Answer: A. Section 624.06(1) defines a domestic insurer as one formed under the laws of this state, so the test is the state of formation. Where premium is written, where the administrative office sits, and whether a certificate of authority is held are separate questions; the last of those goes to whether an insurer is authorized under section 624.09.Source: Fla. Stat. § 624.06 — 624.06(1), Domestic insurer
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589 Florida questions like this one.
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