Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 4-A
                        Barcode 682860
                            CHAMBER ACTION
              Senate                               House
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       01/17/2007 11:10 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 
15         On page 130, lines 1 through 8, delete those lines
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17  and insert:  offered coverage from an authorized insurer at
18  the insurer's approved rate under either a standard policy
19  including wind coverage or, if consistent with the insurer's
20  underwriting rules as filed with the office, a basic policy
21  including wind coverage, the risk is not eligible for any
22  policy issued by the corporation unless the premium for
23  coverage from the authorized insurer is more than 25 percent
24  greater than the premium for comparable coverage from the
25  corporation. An offer excluding wind coverage from an
26  authorized insurer will make the risk eligible for the
27  corporation's high-risk account wind-only policy. The
28  corporation's rates shall be similar to the wind portion of
29  the rates offered for the multiperil coverage offered in the
30  high-risk account. If the
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    9:08 PM   01/16/07                            s0004Ab-bi30-j02