| 1 | The Insurance Committee recommends the following: |
| 2 |
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| 3 | Council/Committee Substitute |
| 4 | Remove the entire bill and insert: |
| 5 | A bill to be entitled |
| 6 | An act relating to termination of insurance appointments; |
| 7 | amending s. 626.471, F.S.; increasing a period of advance |
| 8 | written notice of intention to terminate required to be |
| 9 | provided by appointing entities to appointees under a |
| 10 | contract; providing an effective date. |
| 11 |
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| 12 | Be It Enacted by the Legislature of the State of Florida: |
| 13 |
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| 14 | Section 1. Subsection (1) of section 626.471, Florida |
| 15 | Statutes, is amended to read: |
| 16 | 626.471 Termination of appointment.-- |
| 17 | (1) Subject to an appointee's contract rights, an |
| 18 | appointing entity may terminate its appointment of any appointee |
| 19 | at any time. Except when termination is upon a ground which |
| 20 | would subject the appointee to suspension or revocation of his |
| 21 | or her license and appointment under s. 626.611 or s. 626.621, |
| 22 | and except as provided by contract between an the appointing |
| 23 | entity and an the appointee entered into or amended on or after |
| 24 | July 1, 2006, the appointing entity shall give at least 120 60 |
| 25 | days' advance written notice of its intention to terminate such |
| 26 | appointment to the appointee, either by delivery thereof to the |
| 27 | appointee in person or by mailing it, postage prepaid, addressed |
| 28 | to the appointee at his or her last address of record with the |
| 29 | appointing entity. Notice so mailed shall be deemed to have been |
| 30 | given when deposited in a United States Postal Service mail |
| 31 | depository. |
| 32 | Section 2. This act shall take effect July 1, 2006. |