Florida § 625.061 - Unearned premium reserve for marine and transportation insurance.
Full text of Florida Florida Statutes § 625.061 — Unearned premium reserve for marine and transportation insurance., with citation guidance and answers to common questions.
§ 625.061. Unearned premium reserve for marine and transportation insurance.
As to marine and transportation insurance, the entire amount of premiums on trip risks not terminated shall be deemed unearned; and the office may require the insurer to carry a reserve equal to 100 percent of premiums on trip risks written during the month ended as of the date of statement.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 625.061
What does Florida Statutes § 625.061 cover?
Section 625.061 ("Unearned premium reserve for marine and transportation insurance.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 625.061?
A common citation format is "Florida Statutes § 625.061" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 625.061 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.