Amendment
Bill No. CS/CS/CS/HB 1495
Amendment No. 091195
CHAMBER ACTION
Senate House
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1Representative Patterson offered the following:
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3     Amendment (with title amendment)
4     Between lines 2634 and 2635, insert:
5     Section 22.  Rating agencies or rating services assigning a
6financial rating to a Florida-based insurer that is reinsured by
7the Florida Hurricane Catastrophe Fund may consider any
8reinsurance recoverable from the Florida Hurricane Catastrophe
9Fund to be valid and collectible unless the rating agency or
10rating service has financial information to the contrary.
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T I T L E  A M E N D M E N T
15     Between lines 148 and 149, insert:
16authorizing certain rating agencies or rating services to
17consider reinsurance recoverable from the Florida Hurricane
18Catastrophe Fund to be valid and collectible under certain
19circumstances;


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