Florida Senate - 2012                        COMMITTEE AMENDMENT
       Bill No. SB 578
       
       
       
       
       
       
                                Barcode 205362                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                 Comm: UNFAV           .                                
                  12/07/2011           .                                
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       The Committee on Banking and Insurance (Fasano) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 353 and 354
    4  insert:
    5         Section 2. Section 631.52, Florida Statutes, is amended to
    6  read:
    7         631.52 Scope.—This part applies shall apply to all kinds of
    8  direct insurance, except:
    9         (1) Life, annuity, health, or disability insurance.;
   10         (2) Mortgage guaranty, financial guaranty, or other forms
   11  of insurance offering protection against investment risks.;
   12         (3) Fidelity or surety bonds, or any other bonding
   13  obligations.;
   14         (4) Credit insurance, vendors’ single interest insurance,
   15  or collateral protection insurance or any similar insurance
   16  protecting the interests of a creditor arising out of a
   17  creditor-debtor transaction.;
   18         (5) Warranty, including motor vehicle service, home
   19  warranty, or service warranty.;
   20         (6) Ambulance service, health care service, or preneed
   21  funeral merchandise or service.;
   22         (7) Optometric service plan, pharmaceutical service plan,
   23  or dental service plan.;
   24         (8) Legal expense.;
   25         (9) Health maintenance, prepaid health clinic, or
   26  continuing care.;
   27         (10) Ocean marine or wet marine insurance.;
   28         (11) Self-insurance and any kind of self-insurance fund,
   29  liability pool, or risk management fund.;
   30         (12) Title insurance.;
   31         (13) Surplus lines, except for an insurance policy that is
   32  part of a depopulation, take-out, or keep-out program pursuant
   33  to s. 627.351.;
   34         (14) Workers’ compensation, including claims under employer
   35  liability coverage.;
   36         (15) Any transaction or combination of transactions between
   37  a person, including affiliates of such person, and an insurer,
   38  including affiliates of the such insurer, which involves the
   39  transfer of investment or credit risk unaccompanied by the
   40  transfer of insurance risk.; or
   41         (16) Any insurance provided by or guaranteed by government.
   42  
   43  ================= T I T L E  A M E N D M E N T ================
   44         And the title is amended as follows:
   45         Delete line 20
   46  and insert:
   47         file’s public record status; amending s. 631.52, F.S.;
   48         providing that certain types of surplus lines
   49         insurance are subject to the Florida Insurance
   50         Guaranty Association; providing an effective