Florida Senate - 2019 COMMITTEE AMENDMENT
Bill No. CS for CS for SB 122
Ì873114|Î873114
LEGISLATIVE ACTION
Senate . House
Comm: WD .
04/18/2019 .
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The Committee on Rules (Farmer) recommended the following:
1 Senate Amendment to Amendment (338298) (with title
2 amendment)
3
4 Delete lines 323 - 330
5 and insert:
6 Section 4. An insurer, including Citizens Property
7 Insurance Corporation, may not implement rate changes in 2019
8 for DP-3 or HO-3 policies unless the rate filing reflects
9 projected rate savings from this act. Such a rate filing must
10 include an exhibit demonstrating the impact of this act on
11 indicated rates for DP-3 and HO-3 policies. An insurer,
12 including Citizens Property Insurance Corporation, shall provide
13 policyholders with details on the projected rate savings from
14 this act.
15
16 ================= T I T L E A M E N D M E N T ================
17 And the title is amended as follows:
18 Delete lines 382 - 387
19 and insert:
20 benefits; providing an exception; prohibiting
21 insurers, including Citizens Property Insurance
22 Corporation, from implementing rate changes for
23 certain policies except under certain circumstances;
24 requiring certain rate filings to include specified
25 information; requiring insurers, including the
26 corporation, to inform policyholders of certain
27 information; providing