CopyCited 311 times | Published | Court of Appeals for the Eleventh Circuit | 2007 U.S. App. LEXIS 5274, 2007 WL 677729
...In their fourth and fifth
causes of action, the insurers requested indemnification from MBC for any death
benefits paid on fraudulently procured policies, and for any future payment
obligations. In their sixth cause of action, the insurers alleged damages under the
FVSA, Fla. Stat. § 626.991 et seq., which prohibits anyone from entering into a
viatical settlement if they know that the policy it addresses was procured through
7
fraud....
CopyCited 118 times | Published | Court of Appeals for the Eleventh Circuit | 2010 U.S. App. LEXIS 9227, 2010 WL 1782144
...BACKGROUND
A. Factual background
Coventry First LLC, a Delaware limited liability company headquartered in
Pennsylvania, is a licensed viatical settlement provider in Florida, pursuant to the
Florida Viatical Settlement Act (the Act), Fla. Stat. § 626.991....
...2007) (providing the history of the viatical
settlement industry).
The Act requires that viatical settlement providers obtain a license from the
2
Florida Office of Insurance Regulation (the Office) in order to purchase life
insurance policies from Florida residents. § 626.9912(1)....
CopyCited 4 times | Published | Florida 1st District Court of Appeal
...Jones, The Viatical Settlement Industry: The Regulatory Scheme and its Implications for the Future of the Industry, 6 Conn. Ins. L.J. 477 (1999-2000). In Florida, viatical insurance providers are currently regulated pursuant to the Viatical Insurance Act, section
626.991 through
626.99295, Florida Statutes (2001)....
CopyCited 2 times | Published | Florida 4th District Court of Appeal | 1999 Fla. App. LEXIS 10478, 1999 WL 565896
...trial court. We redesignate the petition for mandamus as a petition for certiorari and grant the same. Mutual Benefits Corp. ("Mutual") is a company engaged in the business of viatical settlements, a practice substantially regulated by statute. See § 626.991, Fla....
CopyPublished | Florida 1st District Court of Appeal
regulated pursuant to the Viatical Insurance Act, section
626.991 through
626.99295, Florida Statutes (2001)
