HB 7C

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


CODING: Words stricken are deletions; words underlined are additions.