Florida Senate - 2009                          SENATOR AMENDMENT
       Bill No. CS for CS for SB 1950
       
       
       
       
       
       
                                Barcode 683296                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                 Floor: WD/2R          .                                
             04/22/2009 05:14 PM       .                                
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       Senator Baker moved the following:
       
    1         Senate Amendment to Amendment (175584) (with title
    2  amendment)
    3  
    4         Between lines 1718 and 1719
    5  insert:
    6         Section 10. Section 627.0655, Florida Statutes, is amended
    7  to read:
    8         627.0655 Policyholder loss or expense-related premium
    9  discounts.—An insurer or person authorized to engage in the
   10  business of insurance in this state may include, in the premium
   11  charged an insured for any policy, contract, or certificate of
   12  insurance, a discount based on the fact that another policy,
   13  contract, or certificate of any type has been purchased by the
   14  insured from the same insurer or insurer group, or, for policies
   15  issued or renewed before January 1, 2010, from the Citizens
   16  Property Insurance Corporation created under s. 627.351(6) if
   17  the same insurance agent is servicing both policies, or, for
   18  policies issued or renewed before January 1, 2010, from an
   19  insurer that has removed the policy from the Citizens Property
   20  Insurance Corporation if the same insurance agent is servicing
   21  both policies.
   22  
   23  
   24  ================= T I T L E  A M E N D M E N T ================
   25  And the title is amended as follows:
   26  
   27         Delete line 1799
   28  and insert:
   29  
   30         its rates the actual cost of certain reinsurance;
   31         amending s. 627.0655, F.S.; providing that an insurer
   32         discount applicable when purchasing multiple policies
   33         from the same insurer only applies to policies issued
   34         by the Citizens Property Insurance Corporation before
   35         a specified date; providing an effective date.