Florida Senate - 2011                        COMMITTEE AMENDMENT
       Bill No. SB 408
                                Barcode 160462                          
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                 Comm: UNFAV           .                                
                  02/22/2011           .                                

       The Committee on Banking and Insurance (Fasano) recommended the
    1         Senate Amendment 
    3         Delete lines 2410 - 2433
    4  and insert:
    5  changes is not a change in policy terms unless such change
    6  reduces or otherwise restricts available coverage.
    7         (b) “Policy” means a written contract of personal lines
    8  property insurance or a written agreement for insurance, or the
    9  certificate of such insurance, by whatever name called, and
   10  includes all clauses, riders, endorsements, and papers that are
   11  a part of such policy. The term does not include a binder as
   12  defined in s. 627.420 unless the duration of the binder period
   13  exceeds 60 days.
   14         (c) “Renewal” means the issuance and delivery by an insurer
   15  of a policy superseding at the end of the policy period a policy
   16  previously issued and delivered by the same insurer or the
   17  issuance and delivery of a certificate or notice extending the
   18  term of a policy beyond its policy period or term. Any policy
   19  that has a policy period or term of less than 6 months or that
   20  does not have a fixed expiration date shall, for purposes of
   21  this section, be considered as written for successive policy
   22  periods or terms of 6 months.
   23         (2) A renewal policy may contain a change in policy terms.
   24  If a renewal policy does contains such change, the insurer must
   25  give the named insured written notice of the change by certified
   26  or registered mail, which must be enclosed along with the
   27  written notice of renewal premium required by ss. 627.4133 and
   28  627.728. Such notice shall be entitled “Notice of Change in
   29  Policy Terms.”
   30         (3) Proof of certified or registered