1 | Representative(s) Johnson offered the following: |
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3 | Amendment to Amendment (074037) (with title amendment) |
4 | Between line(s) 915 and 916, insert: |
5 | Section 7. Paragraph (dd) is added to subsection (1) of |
6 | section 626.9541, Florida Statutes, to read: |
7 | 626.9541 Unfair methods of competition and unfair or |
8 | deceptive acts or practices defined.-- |
9 | (1) UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE |
10 | ACTS.--The following are defined as unfair methods of |
11 | competition and unfair or deceptive acts or practices: |
12 | (dd) Selectively limiting insurance offerings.--Failing to |
13 | offer in this state a kind or line of insurance which it offers |
14 | in another jurisdiction. An insurer need not offer every kind or |
15 | line of insurance, or any particular kind or line of insurance, |
16 | in this state; however, if it offers a particular kind or line |
17 | of insurance anywhere it does business, it must offer the same |
18 | kind or line in this state. The commission shall adopt rules to |
19 | implement and administer this paragraph. |
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21 | ======== T I T L E A M E N D M E N T ======== |
22 | Remove line(s) 4595 and insert: |
23 | protection trust fund; providing a definition; amending s. |
24 | amending s. 626.9541, F.S.; providing that an insurer's failure |
25 | to offer in this state any kind or line of insurance which it |
26 | offers in another jurisdiction constitutes an unfair method of |
27 | competition and unfair or deceptive act; providing penalties; |
28 | providing for rules; amending s. |