Florida Senate - 2015                        COMMITTEE AMENDMENT
       Bill No. SB 234
       
       
       
       
       
       
                                Ì3770285Î377028                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/03/2015           .                                
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       The Committee on Banking and Insurance (Montford) recommended
       the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 33 - 50
    4  and insert:
    5         Section 2. Paragraph (a) of subsection (1) of section
    6  627.728, Florida Statutes, is amended to read:
    7         627.728 Cancellations; nonrenewals.—
    8         (1) As used in this section, the term:
    9         (a) “Policy” means the bodily injury and property damage
   10  liability, personal injury protection, medical payments,
   11  comprehensive, collision, and uninsured motorist coverage
   12  portions of a policy of motor vehicle insurance delivered or
   13  issued for delivery in this state:
   14         1. Insuring a natural person as named insured or one or
   15  more related individuals resident of the same household; and
   16         2. Insuring only a motor vehicle of the private passenger
   17  type or station wagon type which is not used as a public or
   18  livery conveyance for passengers or rented to others; or
   19  insuring any other four-wheel motor vehicle having a load
   20  capacity of 1,500 pounds or less which is not used in the
   21  occupation, profession, or business of the insured other than
   22  farming; other than any policy issued under an automobile
   23  insurance assigned risk plan; insuring more than four
   24  automobiles; or covering garage, automobile sales agency, repair
   25  shop, service station, or public parking place operation
   26  hazards.
   27  
   28  The term “policy” does not include a binder as defined in s.
   29  627.420 unless the duration of the binder period exceeds 60
   30  days.
   31         Section 3. Paragraph (b) of subsection (5) of s. 627.0651,
   32  Florida Statutes, is reenacted for the purpose of incorporating
   33  the amendment made by this act to s. 627.041, Florida Statutes,
   34  in a reference thereto.
   35         Section 4. Paragraph (o) of subsection (1) of s. 626.9541,
   36  paragraphs (a) and (b) of subsection (1) of s. 627.4133, s.
   37  627.420, subsection (2) of s. 627.43141, subsection (1) of s.
   38  627.7277, s. 627.7281, and subsection (4) of s. 627.7295,
   39  Florida Statutes, are reenacted for the purpose of incorporating
   40  the amendment made by this act to s. 627.728, Florida Statutes,
   41  in references thereto.
   42  
   43  
   44  ================= T I T L E  A M E N D M E N T ================
   45  And the title is amended as follows:
   46         Delete lines 5 - 7
   47  and insert:
   48         insures more than four automobiles; amending s.
   49         627.728, F.S.; revising the definition of the term
   50         “policy” to include a policy that insures more than
   51         four automobiles; reenacting s. 627.0651(5)(b), F.S.,
   52         to incorporate the amendment made to s. 627.041, F.S.,
   53         in a reference thereto; reenacting ss. 626.9541(1)(o),
   54         627.4133(1)(a) and (b), 627.420, 627.43141(2),
   55         627.7277(1), 627.7281, and 627.7295(4), to incorporate
   56         the amendment made to s. 627.728, Florida Statutes, in
   57         references thereto;