1 | Representative(s) Ryan offered the following: |
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3 | Amendment (with title amendment) |
4 | Between lines 3719 and 3720, insert: |
5 | Section 24. The Office of Insurance Regulation shall |
6 | conduct a study of the development of loss relativities for |
7 | wind-resistive features of residential structures. The study |
8 | shall estimate the effectiveness of wind-resistive building |
9 | features in reducing hurricane damage to residential buildings, |
10 | including loss relativities to be used in calculating premium |
11 | incentives for consumers who incorporate such features into |
12 | their homes. The office shall prepare and submit a study report |
13 | to the Governor, the President of the Senate, and the Speaker of |
14 | the House of Representatives by January 1, 2007. |
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17 | ======= T I T L E A M E N D M E N T ======= |
18 | Remove line 227 and insert: |
19 | committing insurance fraud; directing the Office of Insurance |
20 | Regulation to conduct a study on development of loss |
21 | relativities for wind-resistive features of residential |
22 | structures; providing criteria; requiring a report to the |
23 | Governor and Legislature; creating the Task Force on |