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3 | 3 | | HB 13D 2022D |
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7 | 7 | | CODING: Words stricken are deletions; words underlined are additions. |
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8 | 8 | | hb0013d-00 |
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9 | 9 | | Page 1 of 2 |
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10 | 10 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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14 | 14 | | A bill to be entitled 1 |
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15 | 15 | | An act relating to studies concerning coverage for 2 |
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16 | 16 | | personal lines residential structures; requiring the 3 |
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17 | 17 | | Office of Insurance Regulation to conduct studies 4 |
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18 | 18 | | concerning coverage for personal lines residential 5 |
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19 | 19 | | structures; providing reporting requirements; 6 |
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20 | 20 | | providing for expiration; providing an effective date. 7 |
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21 | 21 | | 8 |
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22 | 22 | | Be It Enacted by the Legislature of the State of Florida: 9 |
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24 | 24 | | Section 1. The Office of Insurance R egulation shall 11 |
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25 | 25 | | conduct a study to determine whether Broward County with regard 12 |
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26 | 26 | | to its current insurance market lacks a reasonable degree of 13 |
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27 | 27 | | competition such that the requirements of s. 627.351(6)(a)3.b. -14 |
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28 | 28 | | d., Florida Statutes, do not apply in the county. Th e office may 15 |
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29 | 29 | | study any other county similarly situated. Each study must 16 |
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30 | 30 | | consider whether a lack of competition has been found in any 17 |
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31 | 31 | | adjoining counties and whether the factors that led to any such 18 |
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32 | 32 | | finding apply in the studied county. The office shall submi t a 19 |
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33 | 33 | | report of its findings concerning Broward County to the 20 |
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34 | 34 | | Governor, the Chief Financial Officer, the President of the 21 |
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35 | 35 | | Senate, and the Speaker of the House of Representatives no later 22 |
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36 | 36 | | than September 1, 2022. The findings concerning any other county 23 |
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37 | 37 | | studied under this section shall be presented to the Governor, 24 |
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38 | 38 | | the Chief Financial Officer, the President of the Senate, and 25 |
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40 | 40 | | HB 13D 2022D |
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43 | 43 | | |
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44 | 44 | | CODING: Words stricken are deletions; words underlined are additions. |
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45 | 45 | | hb0013d-00 |
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46 | 46 | | Page 2 of 2 |
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47 | 47 | | F L O R I D A H O U S E O F R E P R E S E N T A T I V E S |
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51 | 51 | | the Speaker of the House of Representatives within 90 days after 26 |
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52 | 52 | | the commencement of the study. This section expires December 31, 27 |
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53 | 53 | | 2022. 28 |
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54 | 54 | | Section 2. This act shall take effect upon becoming a law. 29 |
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