Fla. Stat. 626.926
Liability of insurer as to losses and unearned premiums

(1)

If an unauthorized insurer or a person authorized by it has bound the risk as to a surplus lines coverage placed under this Surplus Lines Law, and if the premium therefor has been received by the surplus lines agent or originating agent who placed such insurance, then in all questions thereafter arising under the coverage as between the insurer and the insured, the insurer shall be deemed to have received the premium due to it for such coverage; and the insurer shall be liable to the insured as to losses covered by such insurance, and for unearned premiums which may become payable to the insured upon cancellation of such insurance, whether or not in fact the surplus lines agent is indebted to the insurer with respect to such insurance or for any other cause.

(2)

Each unauthorized insurer assuming a surplus lines direct risk under this Surplus Lines Law shall be deemed thereby to have subjected itself to the terms of this section.

Source: Section 626.926 — Liability of insurer as to losses and unearned premiums, https://www.­flsenate.­gov/Laws/Statutes/2024/0626.­926 (accessed Aug. 7, 2025).

626.901
Representing or aiding unauthorized insurer prohibited 626.902
Penalty for representing unauthorized insurer 626.903
Suits by unauthorized insurers prohibited 626.904
Unauthorized Insurers Process Law 626.905
Purpose of Unauthorized Insurers Process Law 626.906
Acts constituting Chief Financial Officer as process agent 626.907
Service of process 626.908
Defense of action by unauthorized insurer or person representing or aiding such insurer 626.909
Jurisdiction of office and department 626.910
Penalty for violation by unauthorized insurers and persons representing or aiding such insurers 626.911
Attorney’s fee 626.912
Exemptions from ss 626.913
Surplus Lines Law 626.914
Definitions 626.915
Surplus lines insurance authorized 626.916
Eligibility for export 626.917
Eligibility for export 626.918
Eligible surplus lines insurers 626.919
Withdrawal of eligibility 626.921
Florida Surplus Lines Service Office 626.922
Evidence of the insurance 626.923
Filing copy of policy or certificate 626.924
Information required on contract 626.925
Surplus lines insurance valid 626.926
Liability of insurer as to losses and unearned premiums 626.927
Licensing of surplus lines agent 626.929
Origination, acceptance, placement of surplus lines business 626.930
Records of surplus lines agent 626.931
Agent affidavit and insurer reporting requirements 626.932
Surplus lines tax 626.933
Collection of tax and service fee 626.934
Accounting for funds 626.935
Suspension, revocation, or refusal of surplus lines agent’s license 626.936
Failure to file reports or pay tax or service fee 626.937
Actions against insurer 626.938
Report and tax of independently procured coverages 626.939
Records produced on order 626.9181
Levy upon deposit 626.9201
Notice of cancellation or nonrenewal 626.9202
Loss run statements for all lines of insurance 626.9271
Temporary license 626.9272
Licensing of nonresident surplus lines agents 626.9295
Corporations, liability of agent 626.9325
Service fee 626.9361
Failure to file report 626.9362
Cooperative reciprocal agreement authorized for collection and allocation of certain nonadmitted insurance taxes 626.9371
Payment of premiums and claims 626.9372
Disclosure statement of certain information required 626.9374
Liability of insureds

Current through Fall 2025

§ 626.926. Liab. of insurer as to losses & unearned premiums's source at flsenate​.gov