Fla. Stat. 627.0625
Commercial property and casualty risk management plans
(1)
For the purposes of this section, the term:“Commercial property insurance” means insurance as defined in s. 624.604, but limited to coverage of commercial risks, excluding windstorm coverage, flood insurance, federal crop insurance, crop hail insurance, the Pollution Liability Insurance Association, and other federal governmental pools and associations. If separate rates and supporting experience data are not filed and justified for windstorm coverage, the insurer shall, using generally accepted actuarial and economic principles and techniques, identify and justify the premiums, losses, reserves, and associated data for the windstorm coverage excluded from commercial property insurance.“Commercial casualty insurance” means insurance as defined in s. 624.605, other than workers’ compensation and employer’s liability insurance, but limited to coverage of commercial risks.“Commercial umbrella liability insurance” means insurance as defined in s. 624.605 but limited to any policy or endorsement which provides coverage in the amount of $300,000 or more in excess of an underlying policy providing $300,000 liability or equivalent limits of insurance, on a specific insured vehicle, location, business operation, or other specific commercial risk.(a)
“Commercial property insurance” means insurance as defined in s. 624.604, but limited to coverage of commercial risks, excluding windstorm coverage, flood insurance, federal crop insurance, crop hail insurance, the Pollution Liability Insurance Association, and other federal governmental pools and associations. If separate rates and supporting experience data are not filed and justified for windstorm coverage, the insurer shall, using generally accepted actuarial and economic principles and techniques, identify and justify the premiums, losses, reserves, and associated data for the windstorm coverage excluded from commercial property insurance.(b)
“Commercial casualty insurance” means insurance as defined in s. 624.605, other than workers’ compensation and employer’s liability insurance, but limited to coverage of commercial risks.(c)
“Commercial umbrella liability insurance” means insurance as defined in s. 624.605 but limited to any policy or endorsement which provides coverage in the amount of $300,000 or more in excess of an underlying policy providing $300,000 liability or equivalent limits of insurance, on a specific insured vehicle, location, business operation, or other specific commercial risk.(2)
This section shall apply only to commercial property insurance and to commercial casualty insurance as those terms are defined in subsection (1), or any combination thereof.(3)
Each insurer or insurer group offering commercial casualty insurance or commercial property insurance covering risks located in this state shall develop and make available to insureds guidelines for risk management plans. The risk management program shall include the following:Safety measures, including, as applicable, the following areas:Pollution and environmental hazards;
Disease hazards;
Accidental occurrences;
Fire hazards and fire prevention and detection;
Liability for acts from the course of business;
Slip and fall hazards;
Product injury; and
Hazards unique to a particular class or category of insureds.
Training to insureds in safety management techniques.Safety management counseling services.There shall be no civil cause of action against any insurer or its agents or employees for acts or omissions in any way connected with the requirements of this subsection. This shall not limit the authority for the office to enforce the provisions of this subsection.
(a)
Safety measures, including, as applicable, the following areas:Pollution and environmental hazards;Disease hazards;Accidental occurrences;Fire hazards and fire prevention and detection;Liability for acts from the course of business;Slip and fall hazards;Product injury; andHazards unique to a particular class or category of insureds.(b)
Training to insureds in safety management techniques.(c)
Safety management counseling services.
Source:
Section 627.0625 — Commercial property and casualty risk management plans, https://www.flsenate.gov/Laws/Statutes/2024/0627.0625 (accessed Aug. 7, 2025).