HOUSE AMENDMENT Bill No. HB 25A
1	CHAMBER ACTION
2	Senate House
3	.
4	.
5	.
6
7
8
9
10
11
12	Representative Clarke, Berfield, Brown, Goodlette, and Ross
13	offered the following:
14
15	Amendment (with title amendment)
16	Between line(s) 5243 & 5244, insert:
17	Section 39. (1) There is established a Joint Select
18	Committee on Workers’ Compensation Rating Reform. The committee
19	shall study the merits of requiring each workers’ compensation
20	insurer to individually file its expense and profit portion of a
21	rate filing, while permitting each insurer to use a lost cost
22	filing made by a licensed rating organization. The committee
23	shall also study options for the current prior approval system
24	for workers’ compensation rate filings, including, but not
25	limited to, rate filing procedures that would promote greater
26	competition and would encourage insurers to write workers'
27	compensation coverage in the state while protecting employers
28	from rates that are excessive, inadequate, or unfairly
29	discriminatory.
30	(2) The committee shall be composed of three Senators
31	appointed by the President of the Senate and three
32	Representatives appointed by the Speaker of the House of
33	Representatives. The appointed members of the committee shall
34	elect a chair and vice chair. The staffs of the Senate Banking
35	and Insurance Committee and the House Insurance Committee shall
36	serve as staff for the committee. The Department of Financial
37	Services shall provide information and assistance as requested
38	by the committee.
39	(3) The committee shall issue its final report and
40	recommendations to the President of the Senate and the Speaker
41	of the House of Representatives by December 1, 2003.
42
43
44	================= T I T L E A M E N D M E N T =================
45	Remove line(s) 102, and insert:
46	references; establishing a Joint Select Committee on Workers’
47	Compensation Rating Reform and specifying duties thereof;
48	repealing s. 440.1925, F.S., relating to
49