1 | Representative Barreiro offered the following: |
2 |
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3 | Amendment (with title amendment) |
4 | Between lines 216 and 217, insert: |
5 | Section 4. Paragraph (cc) is added to subsection (1) of |
6 | section 626.9541, Florida Statutes, to read: |
7 | 626.9541 Unfair methods of competition and unfair or |
8 | deceptive acts or practices defined.-- |
9 | (1) UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE |
10 | ACTS.--The following are defined as unfair methods of |
11 | competition and unfair or deceptive acts or practices: |
12 | (cc) Contract misrepresentation.--Representing that a |
13 | contract is an insurance or reinsurance contract and transfers |
14 | risk when the primary purpose and effect of the contract is |
15 | other than risk transfer. |
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17 | ================ T I T L E A M E N D M E N T ============= |
18 | Remove line 17 and insert: |
19 | plans; providing a definition; amending s. 626.9541, F.S.; |
20 | providing that falsely representing a contract to be a contract |
21 | of reinsurance is an unfair trade practice; amending s. 636.044, |
22 | F.S.; |