Florida Senate - 2022                          SENATOR AMENDMENT
       Bill No. CS for SB 2-D
       
       
       
       
       
       
                                Ì422768MÎ422768                         
       
                              LEGISLATIVE ACTION                        
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       Senator Taddeo moved the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 676 and 677
    4  insert:
    5         Section 12. Subsection (5) is added to section 627.0613,
    6  Florida Statutes, to read:
    7         627.0613 Consumer advocate.—The Chief Financial Officer
    8  must appoint a consumer advocate who must represent the general
    9  public of the state before the department and the office. The
   10  consumer advocate must report directly to the Chief Financial
   11  Officer, but is not otherwise under the authority of the
   12  department or of any employee of the department. The consumer
   13  advocate has such powers as are necessary to carry out the
   14  duties of the office of consumer advocate, including, but not
   15  limited to, the powers to:
   16         (5) Collect information from any entity issued a
   17  certificate of authority by the Office of Insurance Regulation
   18  relating to subject matter that is necessary to carry out the
   19  duties of the office of consumer advocate. Aggregate information
   20  may include information asserted as trade secret information
   21  unless the trade secret information can be individually
   22  extrapolated, in which case the trade secret information remains
   23  protected as provided in s. 624.4213.
   24         Section 13. Paragraph (l) is added to subsection (2) of
   25  section 627.062, Florida Statutes, to read:
   26         627.062 Rate standards.—
   27         (2) As to all such classes of insurance:
   28         (l) If the office receives a filing proposing a rate
   29  increase, the office must consult with the consumer advocate in
   30  its review and in making its determination regarding approval of
   31  the filing.
   32  
   33  The provisions of this subsection do not apply to workers’
   34  compensation, employer’s liability insurance, and motor vehicle
   35  insurance.
   36  
   37  ================= T I T L E  A M E N D M E N T ================
   38  And the title is amended as follows:
   39         Between lines 82 and 83
   40  insert:
   41         amending s. 627.0613, F.S.; authorizing the insurance
   42         consumer advocate to collect certain information from
   43         entities issued a certificate of authority by the
   44         Office of Insurance Regulation; amending s. 627.062,
   45         F.S.; requiring the office to consult with the
   46         insurance consumer advocate in a specified
   47         circumstance;