| HOUSE AMENDMENT |
| Bill No. SB 32A |
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CHAMBER ACTION |
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Representative Johnson offered the following: |
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Amendment (with title amendment) |
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On page 78, remove lines 6-27 and insert: |
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Section 21. Effective upon this act becoming a law, to be |
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applied retroactively to the date upon which HB 513, enacted |
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during the 2003 Regular Session of the Legislature, becomes a |
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law, and notwithstanding the provisions of HB 513 enacted during |
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the 2003 Regular Session of the Legislature, subsection (11) of |
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section 626.7451, Florida Statutes 2002, is not amended and is |
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reenacted to read: |
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626.7451 Managing general agents; required contract |
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provisions.--No person acting in the capacity of a managing |
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general agent shall place business with an insurer unless there |
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is in force a written contract between the parties which sets |
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forth the responsibility for a particular function, specifies |
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the division of responsibilities, and contains the following |
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minimum provisions: |
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(11) A licensed managing general agent, when placing |
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business with an insurer under this code, may charge a per- |
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policy fee not to exceed $25. In no instance shall the aggregate |
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of per-policy fees for a placement of business authorized under |
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this section, when combined with any other per-policy fee |
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charged by the insurer, result in per-policy fees which exceed |
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the aggregate amount of $25. The per-policy fee shall be a |
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component of the insurer's rate filing and shall be fully |
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earned. |
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For the purposes of this section and ss. 626.7453 and 626.7454, |
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the term "controlling person" or "controlling" has the meaning |
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set forth in s. 625.012(5)(b)1., and the term "controlled |
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person" or "controlled" has the meaning set forth in s. |
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625.012(5)(b)2. |
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Section 22. Effective upon this act becoming a law, to be |
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applied retroactively to the date upon which CS/SB 2364, 2nd |
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Engrossed, enacted during the 2003 Regular Session of the |
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Legislature, becomes law, and notwithstanding the provisions of |
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CS/SB 2364, 2nd Engrossed, enacted during the 2003 Regular |
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Session of the Legislature, paragraph (a) of subsection (5) of |
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section 627.7295, Florida Statutes 2002, is not amended and is |
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reenacted to read: |
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627.7295 Motor vehicle insurance contracts.-- |
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(5)(a) A licensed general lines agent may charge a per- |
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policy fee not to exceed $10 to cover the administrative costs |
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of the agent associated with selling the motor vehicle insurance |
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policy if the policy covers only personal injury protection |
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coverage as provided by s. 627.736 and property damage liability |
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coverage as provided by s. 627.7275 and if no other insurance is |
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sold or issued in conjunction with or collateral to the policy. |
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The per-policy fee must be a component of the insurer's rate |
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filing and may not be charged by an agent unless the fee is |
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included in the filing. The fee is not considered part of the |
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premium except for purposes of the department's review of |
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expense factors in a filing made pursuant to s. 627.062. |
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================= T I T L E A M E N D M E N T ================= |
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On page 4, remove lines 13-15 and insert: |
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Legislature; reenacting without amendment s. 626.7451(11), F.S., |
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notwithstanding the provisions of HB 513, enacted during the |
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2003 Regular Session of the Legislature; providing for |
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retroactive application; reenacting without amendment s. |
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627.7295(5)(a), F.S., notwithstanding the provisions of CS/SB |
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2364, 2nd Engrossed, enacted during the 2003 Regular Session of |
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the Legislature; |