HOUSE AMENDMENT Bill No. HB 1353
1	CHAMBER ACTION
2	Senate House
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12	Representative Waters offered the following:
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14	Amendment
15	Remove line(s) 63-67, and insert:
16	issued by a surplus lines insurer or a reinsurer. All commercial
17	residential excess policies and all deductible buy-back policies
18	that, based on sound actuarial principles, require individual
19	ratemaking shall be excluded by rule if the actuarial soundness
20	of the fund is not jeopardized. For this purpose, the term
21	“excess policy” means a policy that provides insurance
22	protection for large commercial property risks and that provides
23	a layer of coverage above a primary layer insured by another
24	insurer.
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