Florida Senate - 2005                      COMMITTEE AMENDMENT
    Bill No. PCS for SB 1488 (060960)
                        Barcode 342224
                            CHAMBER ACTION
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11  The Committee on Banking and Insurance (Campbell) recommended
12  the following amendment:
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14         Senate Amendment (with title amendment) 
15         On page 56, lines 1 through 7, delete those lines
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17  and insert:  
18         (b)  The legislative intent of this subsection is to
19  require payment of policy benefits otherwise due in the event
20  of a total loss only when the covered peril is a substantial
21  contributing factor to the total loss. In furtherance of this
22  intent, when a loss is caused in part by a covered peril and
23  in part by a noncovered peril, the insurer is liable for the
24  amount of money for which the property was insured under this
25  section only if the covered peril directly and in a natural
26  and continuous sequence produced or contributed substantially
27  to producing the total loss.
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30  ================ T I T L E   A M E N D M E N T ===============
31  And the title is amended as follows:
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    2:24 PM   04/04/05                             s1488c-bi32-c3y


    Florida Senate - 2005                      COMMITTEE AMENDMENT
    Bill No. PCS for SB 1488 (060960)
                        Barcode 342224
 1         On page 4, lines 1 through 4, delete those lines
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 3  and insert:
 4         insurance claim; amending s. 627.702, F.S.;
 5         providing that an insurer is liable for a total
 6         loss caused in part by a covered peril and in
 7         part by a noncovered peril only if the covered
 8         peril directly and in a natural and continuous
 9         sequence produced or contributed substantially
10         to producing the total loss;
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    2:24 PM   04/04/05                             s1488c-bi32-c3y