Florida Senate - 2006                      COMMITTEE AMENDMENT
    Bill No. PCS for SB 1980 (070118)
                        Barcode 780532
                            CHAMBER ACTION
              Senate                               House
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       04/10/2006 01:25 PM         .                    
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11  The Committee on Banking and Insurance (Alexander) recommended
12  the following amendment:
13  
14         Senate Amendment (with title amendment) 
15         On page 64, between lines 11 and 12,
16  
17  insert:  
18         11.  After the public hurricane loss-projection model
19  under s. 627.06281 has been found to be accurate and reliable
20  by the Florida Commission on Hurricane Loss Projection
21  Methodology, that model shall serve as the minimum benchmark
22  for determining the windstorm portion of the corporation's
23  rates. This subparagraph does not require or allow the
24  corporation to adopt rates lower than the rates otherwise
25  required or allowed by this paragraph.
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28  ================ T I T L E   A M E N D M E N T ===============
29  And the title is amended as follows:
30         On page 4, line 22, after the semicolon,
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    10:58 PM   04/06/06                            s1980c-bi17-j20

Florida Senate - 2006 COMMITTEE AMENDMENT Bill No. PCS for SB 1980 (070118) Barcode 780532 1 insert: 2 providing for use of the public hurricane 3 loss-projection model in ratemaking; 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 2 10:58 PM 04/06/06 s1980c-bi17-j20