Net worth required to maintain certificate of authority.

F.S. 642.0262
in effect
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To maintain a certificate of authority to transact legal expense insurance, a legal expense insurance corporation must maintain a net worth of not less than the greater of: (1) Ten thousand dollars; or (2) Ten percent of the insurer’s total liabilities.
Source: FL Statutes (Official Site)URL: https://www.flsenate.gov/Laws/Statutes/2025/Chapter642/AllFetched: 7/8/2026

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