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The Florida Statutes

The 2019 Florida Statutes

Title XXXVII
INSURANCE
Chapter 625
ACCOUNTING, INVESTMENTS, AND DEPOSITS BY INSURERS
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F.S. 625.101
625.101 Increase of inadequate loss reserves.If loss experience shows that an insurer’s loss reserves, however computed or estimated, are inadequate, the office shall require the insurer to maintain loss reserves in such additional amount as is needed to make them adequate. This section does not apply as to life insurance.
History.s. 118, ch. 59-205; ss. 13, 35, ch. 69-106; s. 3, ch. 76-168; s. 1, ch. 77-457; ss. 2, 3, ch. 81-318; ss. 98, 809(1st), ch. 82-243; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 872, ch. 2003-261.