Florida Senate - 2022                          SENATOR AMENDMENT
       Bill No. CS for SB 2-D
       
       
       
       
       
       
                                Ì1250582Î125058                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                Floor: 19/F/2R         .                                
             05/24/2022 12:44 PM       .                                
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       Senator Polsky moved the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 555 - 558
    4  and insert:
    5         (1)Notwithstanding any provision of s. 624.155, a claimant
    6  must establish that the property insurer breached the insurance
    7  contract to prevail in a claim for extracontractual damages
    8  under s. 624.155(1)(b).
    9         (2)Notwithstanding any other provision of law, for any
   10  property insurance coverage subject to this chapter issued or
   11  renewed on or after the effective date of this act, every
   12  insurer must reduce its rates to levels that are at least 2
   13  percent less than the rates for the same coverage that was in
   14  effect on January 1, 2022.
   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 line 64
   19  and insert:
   20         damages; requiring insurers to reduce insurance rates
   21         by a specified amount for certain property insurance
   22         coverage; amending s. 624.307, F.S.; requiring the