Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 636
                        Barcode 272346
                            CHAMBER ACTION
              Senate                               House
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 1           Comm: RCS             .                    
       04/16/2007 04:30 PM         .                    
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11  The Committee on Banking and Insurance (Lawson) recommended
12  the following amendment:
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14         Senate Amendment 
15         On page 4, lines 12-27, delete those lines
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17  and insert:  in this subparagraph shall prohibit a rebate or
18  abatement of an attorney's fee charged for professional
19  services, the portion of the premium that is not required to
20  be retained by the insurer pursuant to s. 627.782(1), or any
21  other agent charge or fee, to the person responsible for
22  paying the premium, charge, or fee.
23         c.  No insured named in a policy, or any other person
24  directly or indirectly connected with the transaction
25  involving the issuance of such policy, including, but not
26  limited to, any mortgage broker, real estate broker, builder,
27  or attorney, any employee, agent, agency, or representative
28  thereof, or any other person whatsoever, shall knowingly
29  receive or accept, directly or indirectly, any rebate or
30  abatement of any portion of the title insurance premium or of
31  any other charge or fee said charge, or any monetary
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    Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 636
                        Barcode 272346
 1  consideration or inducement whatsoever, except other than as
 2  set forth in sub-subparagraph b. However, no portion of the
 3  attorney's fee, the premium that is not required to be
 4  retained by the insurer pursuant to s. 627.782(1), any agent
 5  charge or fee, or any other monetary consideration or
 6  inducement, may be paid directly or indirectly for the
 7  referral of title insurance business.
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