HOUSE AMENDMENT Bill No. HB 25A
1	CHAMBER ACTION
2	Senate House
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12	Representatives Clarke, Berfield, Brown, Goodlette, and Ross
13	offered the following:
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15	Amendment (with directory and title amendments)
16	Between lines 4913 and 4914, insert:
17	Section 34. Section 627.285, Florida Statutes, is created
18	to read:
19	627.285 Independent actuarial peer review of workers'
20	compensation rating organization.--The Financial Services
21	Commission shall at least once every other year contract for an
22	independent actuarial peer review and analysis of the ratemaking
23	processes of any licensed rating organization that makes rate
24	filings for workers' compensation insurance and the rating
25	organization shall fully cooperate in the peer review. The
26	contract shall require submission of a final report to the
27	commission, the President of the Senate, and the Speaker of the
28	House of Representatives by February 1. The first report shall
29	be submitted by February 1, 2004. The costs of the independent
30	actuarial peer review shall be paid from the Workers'
31	Compensation Administration Trust Fund.
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33	================= T I T L E A M E N D M E N T =================
34	Remove line(s) 91, and insert:
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36	payment of premium installments; creating s. 627.285,
37	F.S.; providing for annual actuarial peer review of rating
38	organization processes; requiring a report; amending s.
39	627.311,