Florida Senate - 2014                        COMMITTEE AMENDMENT
       Bill No. CS for SB 1260
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/09/2014           .                                

       recommended the following:
    1         Senate Amendment (with title amendment)
    3         Between lines 756 and 757
    4  insert:
    5         Section 11. Subsection (15) is added to section 626.621,
    6  Florida Statutes, to read:
    7         626.621 Grounds for discretionary refusal, suspension, or
    8  revocation of agent’s, adjuster’s, customer representative’s,
    9  service representative’s, or managing general agent’s license or
   10  appointment.—The department may, in its discretion, deny an
   11  application for, suspend, revoke, or refuse to renew or continue
   12  the license or appointment of any applicant, agent, adjuster,
   13  customer representative, service representative, or managing
   14  general agent, and it may suspend or revoke the eligibility to
   15  hold a license or appointment of any such person, if it finds
   16  that as to the applicant, licensee, or appointee any one or more
   17  of the following applicable grounds exist under circumstances
   18  for which such denial, suspension, revocation, or refusal is not
   19  mandatory under s. 626.611:
   20         (15) Directly or indirectly accepting any compensation,
   21  inducement, or reward from an inspector or inspection company
   22  for referring the owner of property requiring inspection to the
   23  inspector or inspection company. This prohibition applies to any
   24  inspection of property intended for submission to a carrier in
   25  order to obtain insurance coverage or to determine the
   26  appropriate amount of the insurance premium.
   28  ================= T I T L E  A M E N D M E N T ================
   29  And the title is amended as follows:
   30         Between lines 43 and 44
   31  insert:
   32         amending s. 626.621, F.S.; providing an additional
   33         ground for disciplinary action against the license or
   34         appointment of certain insurance-related personnel for
   35         accepting compensation for referring the owner of a
   36         property to an inspector or inspection company;