Florida Senate - 2007 SENATOR AMENDMENT
Bill No. CS for SB 2498
Barcode 373312
CHAMBER ACTION
Senate House
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11 Senator Baker moved the following amendment:
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13 Senate Amendment (with title amendment)
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17 Section 1. Subsection (4) of section 626.914, Florida
18 Statutes, is amended to read:
19 626.914 Definitions.--As used in this Surplus Lines
20 Law, the term:
21 (4) "Diligent effort" means seeking coverage from and
22 having been rejected by at least three authorized insurers
23 currently writing this type of coverage and documenting these
24 rejections. However, if the residential structure has a
25 dwelling replacement cost of $1 million or more, the term
26 means seeking coverage from and having been rejected by at
27 least one authorized insurer currently writing this type of
28 coverage and documenting this rejection.
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30 (Redesignate subsequent sections.)
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2:07 PM 04/30/07 s2498c1c-20-s02
Florida Senate - 2007 SENATOR AMENDMENT
Bill No. CS for SB 2498
Barcode 373312
1 ================ T I T L E A M E N D M E N T ===============
2 And the title is amended as follows:
3 On page 1, line 2, after the semicolon,
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5 insert:
6 amending s. 626.914, F.S.; revising the
7 definition of the term "diligent effort";
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2:07 PM 04/30/07 s2498c1c-20-s02