Florida Senate - 2014                        COMMITTEE AMENDMENT
       Bill No. SB 570
       
       
       
       
       
       
                                Ì4649069Î464906                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/04/2014           .                                
                                       .                                
                                       .                                
                                       .                                
       —————————————————————————————————————————————————————————————————




       —————————————————————————————————————————————————————————————————
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete line 215
    4  and insert:
    5  insurance or an instrument issued pursuant to s. 627.786(3).
    6         Section 8. Subsection (8) of section 627.782, Florida
    7  Statutes, is amended to read:
    8         627.782 Adoption of rates.—
    9         (8) Each title insurance agency and insurer licensed to do
   10  business in this state and each insurer’s direct or retail
   11  business in this state shall maintain and submit information,
   12  including revenue, loss, and expense data, as the office
   13  determines necessary to assist in the analysis of title
   14  insurance premium rates, title search costs, and the condition
   15  of the title insurance industry in this state. Such This
   16  information shall must be transmitted to the office annually by
   17  May March 31 of the year after the reporting year. The
   18  commission shall adopt rules relating to regarding the
   19  collection and analysis of the data from the title insurance
   20  industry.
   21  
   22  ================= T I T L E  A M E N D M E N T ================
   23  And the title is amended as follows:
   24         Delete line 18
   25  and insert:
   26         a title insurance contract; amending s. 627.782, F.S.;
   27         revising the date that certain information relating to
   28         title insurance rates must be submitted to the Office
   29         of Insurance Regulation by title insurance agencies
   30         and insurers; amending s. 627.7845,