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The Committee on General Government Appropriations (Bennett)

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recommended the following amendment:

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     Senate Amendment

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     Delete lines 408 through 423

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and insert:

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INSURANCE CORPORATION OR THE FLORIDA HURRICANE CATASTROPHE FUND.

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A COMMERCIAL PROPERTY POLICY THAT IS SUBJECT TO RATE REGULATION

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REQUIREMENTS AND DEFICIT ASSESSMENT BY CITIZENS PROPERTY

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INSURANCE CORPORATION AND THE FLORIDA HURRICANE CATASTROPHE FUND

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IS AVAILABLE. PLEASE DISCUSS YOUR POLICY OPTIONS WITH YOUR

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INSURANCE AGENT.

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     (4) The declarations page of a nonassessable commercial

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property insurance policy shall contain the following disclaimer

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printed in at least 12-point boldfaced type:

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THIS COMMERCIAL PROPERTY POLICY IS SUBJECT TO LIMITED RATE

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REGULATION REQUIREMENTS OF FLORIDA LAW AND IS NOT SUBJECT TO

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DEFICIT ASSESSMENTS BY CITIZENS PROPERTY INSURANCE CORPORATION OR

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THE FLORIDA HURRICANE CATASTROPHE FUND. A COMMERCIAL PROPERTY

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POLICY THAT IS SUBJECT TO RATE REGULATION REQUIREMENTS AND

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DEFICIT ASSESSMENT BY CITIZENS PROPERTY INSURANCE CORPORATION AND

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THE FLORIDA HURRICANE CATASTROPHE FUND IS AVAILABLE. PLEASE

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DISCUSS YOUR POLICY OPTIONS WITH YOUR INSURANCE AGENT.

4/21/2008  9:47:00 AM     21-08107-08