| 1 | A bill to be entitled |
| 2 | An act relating to insurance contracts; creating s. |
| 3 | 627.4415, F.S.; authorizing insurers to require a |
| 4 | combination of coverage for commercial insurance |
| 5 | contracts; providing construction; creating s. 627.442, |
| 6 | F.S.; prohibiting the rejection of workers' compensation |
| 7 | insurance policies issued by certain self-insurance funds |
| 8 | under certain circumstances; providing an effective date. |
| 9 |
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| 10 | Be It Enacted by the Legislature of the State of Florida: |
| 11 |
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| 12 | Section 1. Section 627.4415, Florida Statutes, is created |
| 13 | to read: |
| 14 | 627.4415 Commercial insurance contracts.--An insurer may |
| 15 | require a commercial applicant to combine two or more types of |
| 16 | coverage in one or more commercial insurance contracts to obtain |
| 17 | commercial lines coverage, which includes, but is not limited |
| 18 | to, commercial auto, commercial multiple peril, and workers' |
| 19 | compensation insurance, from the insurer. This section does not |
| 20 | prohibit an insurer from offering each type of commercial lines |
| 21 | coverage separately to an applicant or combining such coverage |
| 22 | into a single policy. |
| 23 | Section 2. Section 627.442, Florida Statutes, is created |
| 24 | to read: |
| 25 | 627.442 Insurance contracts.--A person who requires a |
| 26 | workers' compensation insurance policy pursuant to a |
| 27 | construction contract may not reject a workers' compensation |
| 28 | insurance policy issued by a self-insurance fund that is subject |
| 29 | to part V of chapter 631 based upon the self-insurance fund not |
| 30 | being rated by a nationally recognized insurance rating service. |
| 31 | Section 3. This act shall take effect July 1, 2007. |