Florida Senate - 2017                        COMMITTEE AMENDMENT
       Bill No. CS for CS for SB 454
       
       
       
       
       
       
                                Ì673396OÎ673396                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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       The Committee on Rules (Flores) recommended the following:
       
    1         Senate Substitute for Amendment (833430) (with title
    2  amendment)
    3  
    4         Between lines 318 and 319
    5  insert:
    6         Section 8. Paragraph (m) of subsection (1) of section
    7  626.9541, Florida Statutes, is amended to read:
    8         626.9541 Unfair methods of competition and unfair or
    9  deceptive acts or practices defined.—
   10         (1) UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE
   11  ACTS.—The following are defined as unfair methods of competition
   12  and unfair or deceptive acts or practices:
   13         (m) Advertising and promotional gifts and charitable
   14  contributions permitted.—
   15         1. No provision of paragraph (f), paragraph (g), or
   16  paragraph (h) shall be deemed to prohibit a licensed insurer or
   17  its agent from:
   18         a. Giving to insureds, prospective insureds, and others,
   19  for the purpose of advertising, any article of merchandise,
   20  goods, wares, gift cards, gift certificates, event tickets, loss
   21  mitigation services, and other items with a total value of $100
   22  or less per customer or prospective customer within 1 calendar
   23  year having a value of not more than $25.
   24         b. Making charitable contributions, as defined in s. 170(c)
   25  of the Internal Revenue Code, of up to $100 per calendar year on
   26  behalf of each insured or prospective insured.
   27         2. A title insurance agent or title insurance agency, as
   28  those terms are defined in s. 626.841, or a title insurer, as
   29  defined in s. 627.7711, may not give to insureds, prospective
   30  insureds, and others, for the purpose of advertising, any
   31  article of merchandise having a value in excess of $25. A person
   32  or entity governed by this subparagraph is exempt from
   33  subparagraph 1.
   34  
   35  ================= T I T L E  A M E N D M E N T ================
   36  And the title is amended as follows:
   37         Delete line 24
   38  and insert:
   39         relating to specified levied assessments; amending s.
   40         626.9541, F.S.; revising a limitation on licensed
   41         insurers or their agents relating to advertising and
   42         promotional gifts given to insureds, prospective
   43         insureds, and others; authorizing such insurers and
   44         agents to make specified charitable contributions on
   45         behalf of insureds or prospective insureds; specifying
   46         a limitation on the value of merchandise given by
   47         title insurance agents or title insurance agencies to
   48         insureds, prospective insureds, and others; providing
   49         applicability; amending s.