Florida Senate - 2006                      COMMITTEE AMENDMENT
    Bill No. PCS for SB 1980 (070118)
                        Barcode 481248
                            CHAMBER ACTION
              Senate                               House
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 1           Comm: FAV             .                    
       04/10/2006 11:48 AM         .                    
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11  The Committee on Banking and Insurance (Fasano) recommended
12  the following amendment to amendment (095506):
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14         Senate Amendment 
15         On page 9, between lines 2 and 3,
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17  insert:  (14)  If the neutral evaluator first verifies the
18  existence of a sinkhole and then recommends the need for and
19  estimates the costs of stabilizing the land and any covered
20  structures or buildings and other appropriate remediation or
21  structural repairs, which costs exceed the amount that the
22  insurer has offered to pay the policyholder, the insurer is
23  liable to the policyholder for up to $2,500 in attorney's fees
24  for the attorney's participation in the neutral evaluation
25  process. For purposes of this subsection, the term "offer to
26  pay" means a written offer signed by the insurer or its legal
27  representative and delivered to the policyholder 10 days after
28  the insurer receives notice that a request for neutral
29  evaluation has been made under this section.
30         (Redesignate subsequent subsections.)
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    2:28 PM   04/06/06                             s1980b-bi11-tk9