Florida Senate - 2017                        COMMITTEE AMENDMENT
       Bill No. CS for CS for SB 454
       
       
       
       
       
       
                                Ì833430rÎ833430                         
       
                              LEGISLATIVE ACTION                        
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       The Committee on Rules (Flores) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 318 and 319
    4  insert:
    5         Section 8. Paragraph (m) of subsection (1) of section
    6  626.9541, Florida Statutes, is amended to read:
    7         626.9541 Unfair methods of competition and unfair or
    8  deceptive acts or practices defined.—
    9         (1) UNFAIR METHODS OF COMPETITION AND UNFAIR OR DECEPTIVE
   10  ACTS.—The following are defined as unfair methods of competition
   11  and unfair or deceptive acts or practices:
   12         (m) Advertising and promotional gifts and charitable
   13  contributions permitted.—
   14         1. No provision of paragraph (f), paragraph (g), or
   15  paragraph (h) shall be deemed to prohibit a licensed insurer or
   16  its agent from:
   17         a. Giving to insureds, prospective insureds, and others,
   18  for the purpose of advertising, any article of merchandise,
   19  goods, wares, gift cards, gift certificates, event tickets, and
   20  other items with a total value of $100 or less per customer or
   21  prospective customer within 1 calendar year having a value of
   22  not more than $25.
   23         b. Making charitable contributions, as defined in s. 170(c)
   24  of the Internal Revenue Code, of up to $100 per calendar year on
   25  behalf of each insured or prospective insured.
   26         2. A title insurance agent or title insurance agency, as
   27  those terms are defined in s. 626.841, or a title insurer, as
   28  defined in s. 627.7711, may not give to insureds, prospective
   29  insureds, and others, for the purpose of advertising, any
   30  article of merchandise having a value in excess of $25. A person
   31  or entity governed by this subparagraph is exempt from
   32  subparagraph 1.
   33  
   34  ================= T I T L E  A M E N D M E N T ================
   35  And the title is amended as follows:
   36         Delete line 24
   37  and insert:
   38         relating to specified levied assessments; amending s.
   39         626.9541, F.S.; revising a limitation on licensed
   40         insurers or their agents relating to advertising and
   41         promotional gifts given to insureds, prospective
   42         insureds, and others; authorizing such insurers and
   43         agents to make specified charitable contributions on
   44         behalf of insureds or prospective insureds; specifying
   45         a limitation on the value of merchandise given by
   46         title insurance agents or title insurance agencies to
   47         insureds, prospective insureds, and others; providing
   48         applicability; amending s.