| 1 | A bill to be entitled |
| 2 | An act relating to private passenger automobile insurers; |
| 3 | amending s. 624.4055, F.S.; expanding a prohibition |
| 4 | against insurers writing private passenger automobile |
| 5 | insurance from writing such insurance under certain |
| 6 | circumstances; providing an effective date. |
| 7 |
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| 8 | Be It Enacted by the Legislature of the State of Florida: |
| 9 |
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| 10 | Section 1. Section 624.4055, Florida Statutes, is amended |
| 11 | to read: |
| 12 | 624.4055 Restrictions on existing private passenger |
| 13 | automobile insurance.--Effective January 1, 2008, No insurer |
| 14 | writing private passenger automobile insurance in this state may |
| 15 | continue to write such insurance if the insurer writes |
| 16 | homeowners' insurance in another state but not in this state, |
| 17 | unless the insurer writing private passenger automobile |
| 18 | insurance in this state is affiliated with an insurer writing |
| 19 | homeowners' insurance in this state or also writes homeowners' |
| 20 | insurance policies in this state and at least 50 percent of the |
| 21 | insurer's policies are homeowners' insurance policies. |
| 22 | Section 2. This act shall take effect July 1, 2008. |