Senate Bill 2158c1

    Florida Senate - 2000                           CS for SB 2158

    By the Committee on Banking and Insurance; and Senator
    Holzendorf




    311-1800-00

  1                      A bill to be entitled

  2         An act relating to insurance; amending s.

  3         626.852, F.S.; providing that part VI of the

  4         Florida Insurance Code regulating adjusters

  5         does not apply to employees or agents of

  6         certain governmental entities; amending s.

  7         627.7295, F.S.; providing exception to the

  8         minimum down-payment requirement for motor

  9         vehicle insurance policies; providing an

10         effective date.

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12  Be It Enacted by the Legislature of the State of Florida:

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14         Section 1.  Section 626.852, Florida Statutes, is

15  amended to read:

16         626.852  Scope of this part.--

17         (1)  This part applies only to insurance adjusters as

18  defined in this part.

19         (2)  Unless otherwise required by context, the term

20  "adjusters" as used in this part applies to all licensees

21  defined as any type of adjuster.

22         (3)  This part does not apply as to life insurance or

23  annuity contracts.

24         (4)  This part does not apply to third-party

25  administrators or a person employed by a third-party

26  administrator holding a certificate of authority pursuant to

27  ss. 626.88-626.894.

28         (5)  This part does not apply to any employee or agent

29  of a governmental entity providing services in support of any

30  self-insurance program adopted by such governmental entity.

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






    Florida Senate - 2000                           CS for SB 2158
    311-1800-00




  1         Section 2.  Subsection (8) is added to section

  2  627.7295, Florida Statutes, to read:

  3         627.7295  Motor vehicle insurance contracts.--

  4         (8)  Subsection (7) of this section does not apply if

  5  an insured or family member has previously purchased and has

  6  in effect a policy of private passenger motor vehicle

  7  insurance and is purchasing additional coverage or adding

  8  coverage for an additional vehicle, with such coverage being

  9  written by the same insurer or a member of the same insurer

10  group.

11         Section 3.  This act shall take effect July 1, 2000.

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13          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
14                         Senate Bill 2158

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16  Provides that motor vehicle insurance policyholders and their
    family members would be exempt from the requirement of making
17  a down payment equal to at least 2 months' premium if they
    purchase additional coverage or add coverage for an additional
18  vehicle.

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