Exams / Florida Public Adjuster License / Fla. Stat. §631.193
Fla. Stat. §631.193 — 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 Public Adjuster License.
The text
631.193 Releases. — The filing of a claim constitutes a release of the insured from liability to the claimant to the extent of the coverage or policy limits provided by the insolvent insurer. The release is conditioned upon the cooperation of the insured with the receiver and the Florida Insurance Guaranty Association and any other guaranty association in defense of the claim. This release does not operate to discharge the Florida Insurance Guaranty Association or any other guaranty association from any of its responsibilities and duties set out in this chapter.
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.
- A claimant files a claim with the Florida Insurance Guaranty Association. Under Florida law, filing the claim constitutes a release of the insured from liability to the claimant to what extent?
drill Residual Markets → - Under Fla. Stat. §631.193, the release of the insured that results from filing a claim is conditioned upon what requirement?
drill Selected Florida Statutes and Rules → - Under Fla. Stat. §631.193, a claimant who files a claim against an insolvent insurer's estate obtains a release of the insured from liability. This release is conditioned upon the insured's cooperation with which parties?
drill Selected Florida Statutes and Rules →