Bill Amendment: FL S1046 | 2013 | Regular Session
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: Insurance
Status: 2013-04-26 - Laid on Table, companion bill(s) passed, see CS/HB 157 (Ch. 2013-190), CS/HB 1191 (Ch. 2013-209), CS/CS/HB 7125 (Ch. 2013-160), SB 356 (Ch. 2013-125), CS/CS/SB 468 (Ch. 2013-66), CS/SB 1842 (Ch. 2013-101) [S1046 Detail]
Download: Florida-2013-S1046-Banking_and_Insurance_Committee_Amendment_to_Amendment_560612.html
Bill Title: Insurance
Status: 2013-04-26 - Laid on Table, companion bill(s) passed, see CS/HB 157 (Ch. 2013-190), CS/HB 1191 (Ch. 2013-209), CS/CS/HB 7125 (Ch. 2013-160), SB 356 (Ch. 2013-125), CS/CS/SB 468 (Ch. 2013-66), CS/SB 1842 (Ch. 2013-101) [S1046 Detail]
Download: Florida-2013-S1046-Banking_and_Insurance_Committee_Amendment_to_Amendment_560612.html
Florida Senate - 2013 COMMITTEE AMENDMENT Bill No. SB 1046 Barcode 560612 LEGISLATIVE ACTION Senate . House . . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Banking and Insurance (Montford) recommended the following: 1 Senate Amendment to Amendment (457546) (with title 2 amendment) 3 4 Delete lines 1045 - 1048 5 and insert: 61997, the insurer must, at a minimum, offer a deductible equal 7 to $750, and a deductible equal to 1 percent of the policy 8 dwelling limits if such amount is not less than $750,$5009 applicable to losses from perils other than hurricane. Beginning 10 July 1, 2018, and every 5 years thereafter, the office shall 11 calculate and publish an adjustment to the $750 deductible based 12 on the average percentage change in the Consumer Price Index for 13 All Urban Consumers, U.S. City Average, all items, compiled by 14 the United States Department of Labor for the immediately 15 preceding 5 calendar years. The adjustment to the $750 16 deductible shall be rounded to the nearest $50 increment and 17 take effect on the January 1 following the publication of the 18 adjustment by the office. The first initial adjusted deductible 19 shall take effect upon the renewal or issuance of policies on or 20 after January 1, 2019.The insurer must provide the policyholder21with22 23 ================= T I T L E A M E N D M E N T ================ 24 And the title is amended as follows: 25 Delete line 1615 26 and insert: 27 certain date; increasing the deductible amount for 28 losses from perils other than hurricane; amending s. 29 627.7015, F.S.; revising the