SENATE AMENDMENT
Bill No. HB 1607, 2nd Eng.
Amendment No. ___ Barcode 691796
CHAMBER ACTION
Senate House
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11 Senator Silver moved the following amendment:
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13 Senate Amendment (with title amendment)
14 On page 21, line 27, through
15 page 22, line 11, delete those lines
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17 and insert:
18 Section 13. Subsections (3) and (7) of section 631.54,
19 Florida Statutes, are amended to read:
20 631.54 Definitions.--As used in this part:
21 (3) "Covered claim" means an unpaid claim, including
22 one of unearned premiums, which arises out of, and is within
23 the coverage, and not in excess of, the applicable limits of
24 an insurance policy to which this part applies, issued by an
25 insurer, if such insurer becomes an insolvent insurer after
26 October 1, 1970, and the claimant or insured is a resident of
27 this state at the time of the insured event or the property
28 from which the claim arises is permanently located in this
29 state. "Covered claim" shall not include any amount due any
30 reinsurer, insurer, insurance pool, the Florida Residential
31 Property and Casualty Joint Underwriting Association formed
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SENATE AMENDMENT
Bill No. HB 1607, 2nd Eng.
Amendment No. ___ Barcode 691796
1 pursuant to s. 627.351, or any other underwriting association,
2 as subrogation, contribution, indemnification, recoveries or
3 otherwise. Member insurers shall have no right of subrogation
4 against the insured of any insolvent member.
5 (7) "Member insurer" means any person who writes any
6 kind of insurance to which this part applies under s. 631.52,
7 including the exchange of reciprocal or interinsurance
8 contracts, and is licensed to transact insurance in this
9 state. The term does not include the Florida Residential
10 Property and Casualty Joint Underwriting Association formed
11 pursuant to s. 627.351.
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15 And the title is amended as follows:
16 On page 2, lines 11 and 12, delete those lines
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18 and insert:
19 proceedings; amending s. 631.54, F.S.; revising
20 definitions; creating s. 817.2341, F.S.;
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