Florida Senate - 2008 SENATOR AMENDMENT

Bill No. CS for SB 644

390056

CHAMBER ACTION

Senate

Floor: WD/2R

4/29/2008 10:23 AM

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House



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Senator Fasano moved the following amendment:

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     Senate Amendment (with title amendment)

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     Between lines 137 and 138,

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insert:

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     Section 2.  Paragraph (k) is added to subsection (2) of

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section 627.062, Florida Statutes, to read:

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     627.062  Rate standards.--

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     (2)  As to all such classes of insurance:

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     (k) With respect to residential property insurance rate

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filings, the rate filing must account for county ordinances and

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local amendments to the Florida Building Code which effectuate

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the reduction or elimination of geologic hazards and ordinances

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geared toward reducing insurer risk from geologic hazards.

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The provisions of this subsection shall not apply to workers'

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compensation and employer's liability insurance and to motor

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vehicle insurance.

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================ T I T L E  A M E N D M E N T ================

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And the title is amended as follows:

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     On line 14, after the first semicolon,

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insert:

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amending s. 627.062, F.S.; requiring that insurers

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account for county ordinances and local amendments to

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the Florida Building Code in certain rate filings;

4/25/2008  12:45:00 PM     11-08721-08

CODING: Words stricken are deletions; words underlined are additions.