| 1 | Representative(s) Planas offered the following: |
| 2 |
|
| 3 | Amendment to Amendment (074037) (with title amendment) |
| 4 | Between lines 4305 and 4306, insert: |
| 5 | Section 29. Subsection (11) is added to section 624.424, |
| 6 | Florida Statutes, to read: |
| 7 | 624.424 Annual statement and other information.-- |
| 8 | (11)(a) Any filing required to be submitted to the office |
| 9 | by a property insurer under this section or under s. 624.413, s. |
| 10 | 627.062(2)(b), or s. 624.448 shall include a statement of |
| 11 | certification signed under oath by the chief executive officer |
| 12 | and the chief financial officer of the insurer certifying that |
| 13 | the business and financial data provided in conjunction with |
| 14 | such filing fairly represents in all material respects the true |
| 15 | and accurate financial condition of the insurer's business |
| 16 | operations. The office shall disregard and return, without |
| 17 | prejudice for refiling, any filing made by an insurer that does |
| 18 | not include the sworn statements of certification required by |
| 19 | this subsection. |
| 20 | (b) A person signing a statement of certification as |
| 21 | required by this subsection in conjunction with the submission |
| 22 | of a filing known by such person to materially misrepresent the |
| 23 | business or financial condition of the insurer constitutes a |
| 24 | felony of the third degree, punishable as provided in s. |
| 25 | 775.082, s. 775.083, or s. 775.084. Willfully falsifying any |
| 26 | business or financial data of an insurer with the intent of |
| 27 | materially misrepresenting an insurer's business or financial |
| 28 | condition in any filing subject to the statement of |
| 29 | certification requirement of this subsection constitutes a |
| 30 | felony of the first degree, punishable as provided in s. |
| 31 | 775.082, s. 775.083, or s. 775.084. |
| 32 |
|
| 33 |
|
| 34 | ======== T I T L E A M E N D M E N T ======== |
| 35 | Remove line 4786 and insert: |
| 36 | fraud; amending s. 624.424, F.S.; specifying additional |
| 37 | requirements for insurer filings relating to a statement |
| 38 | of certification of an insurer's financial condition; |
| 39 | providing procedures; providing criminal penalties for |
| 40 | certain violations; creating the Task Force on Hurricane |
| 41 | Mitigation and |