Florida Senate - 2007                      COMMITTEE AMENDMENT
    Bill No. SB 4-A
                        Barcode 720658
                            CHAMBER ACTION
              Senate                               House
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 1           Comm: WD              .                    
       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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17  insert:  
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 commerical 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 720658
 1  plan, internal benchmarks, other relevant data, and any
 2  applicable industry benchmarks to determine whether Citizens'
 3  structure and operations could efficiently provide such
 4  expanded coverage and, if not, recommend alternatives.
 5         (3)  The Office of the Auditor General shall submit a
 6  report, including recommendations, to the President of the
 7  Senate and Speaker of the House of Representatives no later
 8  than March 30, 2007.
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10  (Redesignate subsequent sections.)
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13  ================ T I T L E   A M E N D M E N T ===============
14  And the title is amended as follows:
15         On page 11, line 14, after the semicolon,
16  
17  insert:
18         requiring the Auditor General to conduct a
19         review of Citizens and to submit a report to
20         the Legislature;
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