February 20, 2019
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632841
  Amendment
Bill No. CS/CS/SB 2860
Amendment No. 632841
CHAMBER ACTION
Senate House
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1Representatives Gelber and Taylor offered the following:
2
3     Amendment to Amendment (439287) (with title amendment)
4     Between lines 2452 and 2453, insert:
5     Section 1.  The Office of Insurance Regulation shall
6conduct a market analysis of property insurance lines in the
7state of Florida. In conducting the study, the office shall
8analyze the state of the primary property insurance, reinsurance
9and residual markets. The office shall identify ways to achieve
10a minimum of twenty-five percent rate reduction on property
11insurance lines and present its findings to the Financial
12Services Commission no later than December 1, 2008. Following
13the findings of the office, the Financial Services Commission
14shall present to the President of the Senate, Speaker of the
15House, Minority Leader of the Senate and Minority Leader of the
16House recommended legislative actions based on the market
17analysis provided by the office no later than February 1, 2008.
18A full copy of the market analysis and the legislative
19recommendations shall be made available to the public by posting
20such items on the website of the Office of Insurance Regulation
21within five business days of delivering them to the
22abovementioned officials.
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26
T I T L E  A M E N D M E N T
27     Remove line 2652 and insert:
28certain structures; requiring the Office of Insurance Regulation
29to conduct a market analysis of property insurance lines;
30requiring submission of findings to Legislature by a time
31certain; requiring posting of market analysis on the Office of
32Insurance Regulation website; providing effective dates.


CODING: Words stricken are deletions; words underlined are additions.
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