Florida Senate - 2014 COMMITTEE AMENDMENT Bill No. SPB 7062 Ì268180'Î268180 LEGISLATIVE ACTION Senate . House Comm: FAV . 03/11/2014 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— following: 1 Senate Amendment 2 3 Delete lines 525 - 536 4 and insert: 5 (d) Provides prominent notice to the policyholder: 6 1. That the policyholder does not have to accept an offer 7 of coverage from a surplus lines insurer; 8 2. That an offer of coverage from a surplus lines insurer 9 does not affect whether the policyholder is eligible for 10 coverage from the corporation; 11 3. That a policyholder who accepts an offer of coverage 12 from a surplus lines insurer may, at any time, submit a new 13 application for coverage to the corporation; 14 4. That surplus lines policies are not covered by the 15 Florida Insurance Guaranty Association; 16 5. That rates for surplus lines insurance are not subject 17 to review by the office; and 18 6. Of any additional information required by the office. 19 20 Such notice must be signed by the policyholder and kept on file 21 with the surplus lines insurer for as long as the policyholder 22 remains insured by the surplus lines insurer.