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2024 Florida Statutes
Title XXXVII - Insurance
Chapter 626 - Insurance Field Representatives and Operations
Part VII - Insurance Administrators (Ss. 626.88-626.8991)
626.888 - Adjustment or settlement of claims; compensation of administrator.

Universal Citation:
FL Stat § 626.888 (2024)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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626.888 Adjustment or settlement of claims; compensation of administrator.—Compensation to an administrator for any policies in which the administrator adjusts or settles claims shall in no way be contingent on claims experience. This section does not prevent the compensation of an administrator from being based on premiums or charges collected or the number of claims paid or processed.

History.—s. 4, ch. 83-203; s. 3, ch. 84-94; ss. 206, 207, ch. 90-363; s. 4, ch. 91-429.

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