Florida § 627.949 - Restrictions on insurance purchased by purchasing groups.
Full text of Florida Florida Statutes § 627.949 — Restrictions on insurance purchased by purchasing groups., with citation guidance and answers to common questions.
§ 627.949. Restrictions on insurance purchased by purchasing groups.
(1) In order to purchase insurance or coverage for a risk located in this state, which risk is a subject of insurance of a member of the purchasing group, a purchasing group shall only purchase insurance or coverage from: (a) A risk retention group that is certificated or licensed in one of the states of the United States; (b) An authorized insurer; or (c) An eligible surplus lines insurer. (2) A purchasing group shall utilize an agent licensed and appointed in this state in order to solicit, transact, or purchase insurance or coverage for a risk located in this state, which risk is a subject of insurance of a member of the purchasing group.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 627.949
What does Florida Statutes § 627.949 cover?
Section 627.949 ("Restrictions on insurance purchased by purchasing groups.") 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 § 627.949?
A common citation format is "Florida Statutes § 627.949" (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 § 627.949 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.