SENATE AMENDMENT

    Bill No. CS for SB 2516

    Amendment No.    

                            CHAMBER ACTION
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11  Senator Rossin moved the following amendment:

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13         Senate Amendment (with title amendment) 

14         On page 10, between lines 26 and 27,

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16  insert:

17         626.094  "Insurance agency" defined.--An "insurance

18  agency" is a business location at which an individual, firm,

19  partnership, corporation, association, or other entity, except

20  for an employee of the individual, firm, partnership,

21  corporation, association, or other entity, and other than an

22  insurer as defined by s. 624.03 or an adjuster as defined by

23  s. 626.101, engages in any activity or employs individuals to

24  engage in any activity which by law may be performed only by a

25  licensed insurance agent or solicitor. A foreign firm,

26  partnership, corporation, association, or other entity which

27  is owned or controlled by a resident of this state or a

28  business entity within this state, which uses or employs a

29  nonresident agent licensed under s. 626.741 and which

30  furnishes advertising or solicitation materials which are

31  distributed in this state or uses unlicensed personnel to

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                                                  SENATE AMENDMENT

    Bill No. CS for SB 2516

    Amendment No.    





 1  initiate customer contact with a nonresident agent, shall not

 2  be deemed an insurance agency for purposes of s. 626.753.

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

 6  And the title is amended as follows:

 7         On page 1, line 28, after the semicolon

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 9  insert:

10         amending s. 626.094, F.S.; excluding certain

11         corporations from the definition of insurance

12         agency under certain circumstances for purposes

13         of sharing commissions;

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    11:01 AM   04/26/99                             s2516c1c-3513u