Florida Senate - 2013                        COMMITTEE AMENDMENT
       Bill No. PCS (939812) for SB 1770
       
       
       
       
       
       
                                Barcode 106482                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                   Comm: WD            .                                
                  04/02/2013           .                                
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       The Committee on Appropriations (Richter) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 688 - 692
    4  and insert:
    5         Section 6. Paragraph (b) of subsection (2) and paragraphs
    6  (a) and (b) of subsection (3) of section 627.0628, Florida
    7  Statutes, are amended to read:
    8         627.0628 Florida Commission on Hurricane Loss Projection
    9  Methodology; public records exemption; public meetings
   10  exemption.—
   11         (2) COMMISSION CREATED.—
   12         (b) The commission shall consist of the following 12 11
   13  members:
   14         1. The insurance consumer advocate.
   15         2. The senior employee of the State Board of Administration
   16  responsible for operations of the Florida Hurricane Catastrophe
   17  Fund.
   18         3. The Executive Director of the Citizens Property
   19  Insurance Corporation.
   20         4. The Director of the Division of Emergency Management.
   21         5. The actuary member of the Florida Hurricane Catastrophe
   22  Fund Advisory Council.
   23         6. An employee of the office who is an actuary responsible
   24  for property insurance rate filings and who is appointed by the
   25  director of the office.
   26         7. Five members appointed by the Chief Financial Officer,
   27  as follows:
   28         a. An actuary who is employed full time by a property and
   29  casualty insurer that was responsible for at least 1 percent of
   30  the aggregate statewide direct written premium for homeowner’s
   31  insurance in the calendar year preceding the member’s
   32  appointment to the commission.
   33         b. An expert in insurance finance who is a full-time member
   34  of the faculty of the State University System and who has a
   35  background in actuarial science.
   36         c. An expert in statistics who is a full-time member of the
   37  faculty of the State University System and who has a background
   38  in insurance.
   39         d. An expert in computer system design who is a full-time
   40  member of the faculty of the State University System.
   41         e. An expert in meteorology who is a full-time member of
   42  the faculty of the State University System and who specializes
   43  in hurricanes.
   44         8. A licensed professional structural engineer who has
   45  expertise in wind mitigation techniques, who is appointed by the
   46  Governor.
   47  
   48  ================= T I T L E  A M E N D M E N T ================
   49         And the title is amended as follows:
   50         Delete lines 32 - 33
   51  and insert:
   52         adding a member to the Florida Commission on Hurricane
   53         Loss Projection Methodology; requiring the commission
   54         to consider methods for