Florida Senate - 2009                        COMMITTEE AMENDMENT
       Bill No. CS for SB 2036
       
       
       
       
       
       
                                Barcode 838372                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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       The Policy and Steering Committee on Ways and Means (Fasano)
       recommended the following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 51 - 64
    4  and insert:
    5  
    6         (b) The insurer has, at the time of issuance of the policy
    7  or at the time of first renewal at rates pursuant to s.
    8  627.062(2)(k), surplus as to policyholders equal to or greater
    9  than $500 million as calculated based on the information in the
   10  insurer’s most recent annual statement.