Surplus Lines Bill Strike-All Would Include Consumer Protection Provisions
Apr 1, 2009
In advance of today’s Senate Judiciary Committee’s (“Committee”) consideration of SB 1894 relating to Surplus Lines Insurers, Senator Mike Fasano has filed a strike-all amendment to the bill specifying that surplus lines insurance would be exempt from Chapter 627 F.S. (which is part of Florida’s Insurance Code). Senator Fasano’s amendment also includes some provisions of a March 25 amendment by Senator Jeremy Ring stating that surplus lines insurers would be required to comply with certain consumer protections.
A copy of Senator Fasano’s amendment is attached for your review.
To view the Committee meeting packet for today’s meeting, click here. To view the most recent Senate Staff analysis of SB 1894, click here.
For additional information on Florida’s Legislative Process and terminology, click here.
Should you have any questions or comments, please contact Colodny Fass.
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