1 | A bill to be entitled |
2 | An act relating to insurance premium increase moratoria; |
3 | declaring a moratorium on insurance premium increase |
4 | requests for certain insurance companies under certain |
5 | circumstances; providing an effective date. |
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7 | Be It Enacted by the Legislature of the State of Florida: |
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9 | Section 1. A moratorium shall exist with respect to any |
10 | request by an insurance company to increase premium if the |
11 | company is not willing to submit to a forensic audit. The |
12 | moratorium shall continue until the company submits to a |
13 | forensic audit. |
14 | Section 2. This act shall take effect July 1, 2005. |