Florida § 627.792 - Liability of title insurers for defalcation by title insurance agents or agencies.
Full text of Florida Florida Statutes § 627.792 — Liability of title insurers for defalcation by title insurance agents or agencies., with citation guidance and answers to common questions.
§ 627.792. Liability of title insurers for defalcation by title insurance agents or agencies.
A title insurer is liable for the defalcation, conversion, or misappropriation by a licensed title insurance agent or agency of funds held in trust by the agent or agency pursuant to s. 626.8473. If the agent or agency is an agent or agency for two or more title insurers, any liability shall be borne by the title insurer upon which a title insurance commitment or policy was issued prior to the illegal act. If no commitment or policy was issued, each title insurer represented by the agent or agency at the time of the illegal act shares in the liability in the same proportion that the premium remitted to it by the agent or agency during the 1-year period before the illegal act bears to the total premium remitted to all title insurers by the agent or agency during the same time period.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 627.792
What does Florida Statutes § 627.792 cover?
Section 627.792 ("Liability of title insurers for defalcation by title insurance agents or agencies.") 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 § 627.792?
A common citation format is "Florida Statutes § 627.792" (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 § 627.792 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.