Florida Senate - 2007 COMMITTEE AMENDMENT
Bill No. SB 4-A
Barcode 063612
CHAMBER ACTION
Senate House
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01/17/2007 10:47 AM .
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11 The Committee on Banking and Insurance (Deutch) recommended
12 the following amendment:
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14 Senate Amendment (with title amendment)
15 On page 171, between lines 4 and 5,
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18 Section 37. (1) The Office of the Auditor General
19 shall conduct a review of Citizens Property Insurance
20 Corporation to determine whether the administrative structure,
21 claims handling, staffing, and other available resources of
22 Citizens are adequate to efficiently and effectively implement
23 the following provisions of this act:
24 (a) Expanding the current book of business of Citizens
25 to include writing multiperil policies in areas eligible for
26 coverage in the High Risk Account; and
27 (b) Assuming the commercial coverage presently written
28 by the Property and Casualty Joint Underwriting Association
29 and expanding Citizens commercial coverage statewide.
30 (2) As part of this review, the Office of Auditor
31 General will evaluate Citizens' current and proposed business
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Florida Senate - 2007 COMMITTEE AMENDMENT
Bill No. SB 4-A
Barcode 063612
1 plan, internal benchmarks, customer relations, other relevant
2 data, and any applicable industry benchmarks to determine
3 whether Citizens' structure and operations could efficiently
4 provide such expanded coverage and, if not, recommend
5 alternatives.
6 (3) The Office of the Auditor General shall submit a
7 report, including recommendations, to the President of the
8 Senate and Speaker of the House of Representatives no later
9 than March 30, 2007.
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11 (Redesignate subsequent sections.)
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14 ================ T I T L E A M E N D M E N T ===============
15 And the title is amended as follows:
16 On page 11, line 14, after the semicolon,
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18 insert:
19 requiring the Auditor General to conduct a
20 review of Citizens and to submit a report to
21 the Legislature;
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