HOUSE AMENDMENT Bill No. HB 25A
1	CHAMBER ACTION
2	Senate House
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12	Representative Seiler offered the following:
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14	Amendment (with title amendment)
15	Between line(s) 5243 & 5244, insert:
16	Section 39. (1) There is established a Joint Select
17	Committee on Workers' Compensation Rating Reform. The committee
18	shall study the merits of requiring each workers' compensation
19	insurer to individually file its expense and profit portion of a
20	rate filing, while permitting each insurer to use a lost cost
21	filing made by a licensed rating organization. The committee
22	shall also study options for the current prior approval system
23	for workers' compensation rate filings, including, but not
24	limited to, rate filing procedures that would promote greater
25	competition and would encourage insurers to write workers'
26	compensation coverage in the state while protecting employers
27	from rates that are excessive, inadequate, or unfairly
28	discriminatory.
29	(2) The committee shall be composed of three senators
30	appointed by the President of the Senate and three
31	representatives appointed by the Speaker of the House of
32	Representatives. The appointed members of the committee shall
33	elect a chair and a vice chair. The staffs of the Senate Banking
34	and Insurance Committee and the House Insurance Committee shall
35	serve as staff for the committee. The Department of Financial
36	Services and the Office of Insurance Regulation shall provide
37	information and assistance as requested by the committee.
38	(3) The committee shall issue its final report and
39	recommendations to the President of the Senate and the Speaker
40	of the House of Representatives by December 1, 2003.
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42	================= T I T L E A M E N D M E N T =================
43	Remove line(s) 102, and insert:
44	references; creating the Joint Select Committee on
45	Workers' Compensation Rating Reform; providing for
46	membership; requiring a report; repealing s. 440.1925,
47	F.S., relating to