Florida Statutes 628.917 – Insolvency and liquidation
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Florida Statutes 628.917
- Captive insurance company: means a domestic insurer established under this part. See Florida Statutes 628.901
- Office: means the Office of Insurance Regulation. See Florida Statutes 628.901
In the event that a captive insurance company is insolvent as defined in chapter 631, the office shall liquidate the captive insurance company pursuant to the provisions of part I of chapter 631; except that the office shall make no attempt to rehabilitate such insurance company.