1 | Representative Richter offered the following: |
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3 | Amendment (with title amendment) |
4 | Between lines 74-75, insert: |
5 | Section 3. Subsection (1) of section 627.091, Florida |
6 | Statutes, is amended to read: |
7 | 627.091 Rate filings; workers' compensation and employer's |
8 | liability insurances.-- |
9 | (1) As to workers' compensation and employer's liability |
10 | insurances, every insurer shall file with the office every |
11 | manual of classifications, rules, and rates, every rating plan, |
12 | and every modification of any of the foregoing which it proposes |
13 | to use. Every insurer is authorized to include deductible and |
14 | composite rating provisions in its manual of classifications, |
15 | rules, and rates. An insurer may file a rating plan that |
16 | aggregates payrolls for workers' compensation coverage under an |
17 | owner-controlled insurance program for both private and public |
18 | entities to meet minimum deductible and premium requirements. |
19 | For purposes of this section, the term "owner-controlled |
20 | insurance program" means a consolidated insurance program or |
21 | series of insurance policies issued to an entity that may |
22 | provide one or more of the following types of insurance coverage |
23 | for any contractor or subcontractor working at specified or |
24 | multiple contracted work sites of a construction project: |
25 | general liability, property damage excluding damage to real |
26 | property, workers' compensation, or employer's liability. Such |
27 | deductibles shall in all cases be in a form and manner which is |
28 | consistent with the underlying purpose of chapter 440. |
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34 | T I T L E A M E N D M E N T |
35 | Between lines 10-11, insert: |
36 | 627.091, F.S.; authorizing insurers to file a rating plan that |
37 | aggregates payrolls for workers' compensation under an owner- |
38 | controlled insurance program for certain purposes; providing a |
39 | definition; amending s. |
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