Florida Senate - 2009 SENATOR AMENDMENT
Bill No. CS for CS for SB 1950
Barcode 196364
LEGISLATIVE ACTION
Senate . House
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Floor: WD/2R .
04/22/2009 05:14 PM .
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Senator Baker moved the following:
1 Senate Amendment to Amendment (175584) (with title
2 amendment)
3
4 Delete lines 563 - 569
5 and insert:
6
7 (i)1. Except as otherwise specifically provided in this
8 chapter, the office may shall not prohibit any insurer,
9 including any residual market plan or joint underwriting
10 association, from paying acquisition costs based on the full
11 amount of premium, as defined in s. 627.403, applicable to any
12 policy, or prohibit any such insurer from including the full
13 amount of acquisition costs in a rate filing.
14 2. Unless specifically authorized by law, the office may
15 not interfere, directly or indirectly, with an insurer’s right
16 to solicit, sell, promote, or otherwise acquire policyholders
17 and implement coverage using its own lawful methodologies,
18 systems, agents, and approach, including the calculation,
19 manner, or amount of agent commissions, if any. This
20 subparagraph applies only to rate filings made pursuant to this
21 section.
22
23 ================= T I T L E A M E N D M E N T ================
24 And the title is amended as follows:
25 Delete line 1744
26 and insert:
27 F.S.; prohibiting the Office of Insurance Regulation
28 from interfering with an insurer’s lawful business
29 practices with respect to certain applications;
30 authorizing an insurer to make a separate filing