Exams / Florida All Lines Adjuster License / Fla. Stat. §627.426
Fla. Stat. §627.426 — what it says, and how the exam tests it
This section is cited by 3 of our practice questions and is tested on the Florida All Lines Adjuster License.
The text
627.426 Claims administration. — (1) Without limitation of any right or defense of an insurer otherwise, none of the following acts by or on behalf of an insurer shall be deemed to constitute a waiver of any provision of a policy or of any defense of the insurer thereunder: (a) Acknowledgment of the receipt of notice of loss or claim under the policy. (b) Furnishing forms for reporting a loss or claim, for giving information relative thereto, or for making proof of loss, or receiving or acknowledging receipt of any such forms or proofs completed or uncompleted. (c) Investigating any loss or claim under any policy or engaging in negotiations looking toward a possible settlement of any such loss or claim.
Public record. Read the full, current section at the official source: www.leg.state.fl.us
How it comes up on the exam
Practice questions written from this section — answers and explanations are in the drill.
- Under Florida law, which of the following actions by an insurer on behalf of a claim does NOT constitute a waiver of any policy provision or defense?
drill Property and Liability Insurance Concepts, Insurance Contracts, and Law and Adjusting Practices → - Under Fla. Stat. §627.426, which of the following actions by an insurer does NOT constitute a waiver of any policy provision or defense?
drill Property and Liability Insurance Concepts, Insurance Contracts, and Law and Adjusting Practices → - An insurer investigates a loss and negotiates with the claimant toward a possible settlement. Under Fla. Stat. §627.426, does this investigation and negotiation constitute a waiver of any policy provision or defense?
drill Property and Liability Insurance Concepts, Insurance Contracts, and Law and Adjusting Practices →