HOUSE AMENDMENT |
Bill No. SB 40A |
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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 2, before line 1, |
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insert: |
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Section 1. (1) Notwithstanding the amendment to section |
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626.7451, Florida Statutes, by HB 513, subsection (11) of |
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section 626.7451, Florida Statutes is not amended as provided by |
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that act, but is 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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(2) This section shall take effect upon this act becoming |
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a law, except that, if this act does not become a law before HB |
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513 becomes a law, this section shall operate retroactively to |
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the date that HB 513 becomes a law. |
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Section 2. If any law that is amended by this act was also |
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amended by a law enacted at the 2003 Regular Session of the |
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Legislature, such laws shall be construed as if they had been |
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enacted during the same session of the Legislature, and full |
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effect should be given to each if that is possible.
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================= T I T L E A M E N D M E N T ================= |
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On page 1, line(s) 2 and 3, |
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remove: all of said lines |
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and insert: An act relating to insurance consumer protection; |
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reenacting and amending s. 626.7451(11), F.S., notwithstanding |
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amendments to that subsection by HB 513; providing for |
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retroactive application; providing for construction of the act |
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in pari materia with laws enacted during the Regular Session of |
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the Legislature; creating s. |