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The Committee on Banking and Insurance (Bennett) recommended the

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following amendment to amendment (831640):

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     Senate Amendment

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     Delete line(s) 381-394

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and insert:

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THIS APPLICATION IS FOR A COMMERCIAL PROPERTY POLICY THAT IS

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SUBJECT TO LIMITED RATE REGULATION REQUIREMENTS OF FLORIDA LAW

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AND IS NOT SUBJECT TO DEFICIT ASSESSMENTS BY CITIZENS PROPERTY

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INSURANCE CORPORATION. A COMMERCIAL PROPERTY POLICY THAT IS

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SUBJECT TO RATE REGULATION REQUIREMENTS AND DEFICIT ASSESSMENT BY

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CITIZENS PROPERTY INSURANCE CORPORATION IS AVAILABLE. PLEASE

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DISCUSS YOUR POLICY OPTIONS WITH YOUR 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

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3/31/2008  4:29:00 PM     BI.BI.06283