CopyCited 41 times | Published | Supreme Court of Florida
...Raymond Ehrlich, Jacksonville, of Mathews, Osborne & Ehrlich, for The Florida Insurance Guaranty Association, Inc., etc. ERVIN, Justice. We here consider an appeal from a decision of the Circuit Court of Leon County, Florida, invalidating Ch. 70-20, Laws of Florida 1970, which appears as F.S. Sections
631.50 to
631.67 F.S.A., inclusive, 1970 Supplement to the Florida Statutes, 1969....
...nt. Borrowing funds for this purpose within the strict limitations of the statute appears to be a legitimate legislative objection not violative of the Constitution. In conclusion, we note we have carefully scrutinized all the provisions embraced in Section
631.50 to
631.67 F.S....
CopyCited 8 times | Published | Florida 5th District Court of Appeal
...City of Lauderdale Lakes involves a factual situation not at all analogous to the case here and, moreover, the supreme court does not address in that case any question involving the statute of limitations. The judgment is AFFIRMED. FRANK D. UPCHURCH, Jr. and COWART, JJ., concur. NOTES [1] See section 631.50, et seq., Florida Statutes (1979)....
CopyCited 6 times | Published | Florida 1st District Court of Appeal | 1978 Fla. App. LEXIS 15295
...ution on the premises of GSC in return for a guarantee of the unconditional receipt of $70,000, the amount of the judgment. Dolan now, by this action against FIGA, contends that the claim is covered by the Florida Insurance Guaranty Association Act, § 631.50, et seq., Florida Statutes (1975)....
CopyPublished | Florida 1st District Court of Appeal | 2003 Fla. App. LEXIS 6538, 28 Fla. L. Weekly Fed. D 1142
...b/a Spruill Auto Sales. Michael Pratt’s insurance company, Dealers Insurance Company was declared insolvent in December, 1994. Accordingly, appellee’s claims against Michael Pratt became subject to the Florida Insurance Guaranty Association Act, section 631.50 et seq., Florida Statutes....
CopyPublished | Florida 2nd District Court of Appeal | 2016 Fla. App. LEXIS 10868, 2016 WL 3766630
...ordered, FIGA subsequently filed an answer containing eight affirmative defenses to the
amended complaint. Importantly, none of the defenses denied that Miller's claim was
covered by the policy. Instead, the defenses alleged: (1) Miller's action against FIGA is
governed by section 631.50, Florida Statutes (2012); (2) Miller is not entitled to be
unjustly enriched by any payments that would be in addition to payments received from
another insurer for the same claim; (3) Miller is not entitled to public adjuster fees;...
CopyPublished | Florida 2nd District Court of Appeal | 2017 WL 603317, 2017 Fla. App. LEXIS 1958
...They
maintain that the statute is inapplicable here because they instituted their suit against
Homewise prior to insolvency and such suit was still pending at the time of insolvency.
We agree.
Chapter 631, part II, known as the "Florida Insurance Guaranty
Association Act," §
631.50, created FIGA in part to "[p]rovide a mechanism for the
payment of covered claims under certain insurance policies to avoid excessive delay in
payment and to avoid financial loss to claimants or policyholders because of the
insolvency of an insurer," §
631.51(1)....
CopyPublished | Florida 4th District Court of Appeal
...Insolvent Insurer began
investigating the claim, but before it finalized its claim decision, insolvency
proceedings were initiated by the state Department of Financial Services.
The parties agree that upon Insolvent Insured’s insolvency, FIGA was
“activated” to handle Insolvent Insured’s covered claims pursuant to
section 631.50, Florida Statutes (2020), et seq., the Florida Insurance
Guaranty Association Act.
The insolvency court set April 14, 2022, as a final deadline for claims
to be filed regarding the policies issued and in effect when the insolvency
court exercised jurisdiction over Insolvent Insurer....
