MADAM PRESIDENT:
I move
that Senate Bill 442 be amended to read as follows:
Page 2, line 4, delete "16" and insert " 17".
Page 2, line 24, after "5." insert " As used in this chapter,
"reasonable corrective action" may, where applicable, include:
(1) reimbursement of premium payments, surcharges, or
other charges made;
(2) compensation for losses sustained;
(3) reinstatement of policies canceled; or
(4) another appropriate remedy;
with respect to persons adversely affected by an insurer's
noncompliance with a law, a regulation, an order, or an industry
or a professional standard revealed by an insurance compliance
audit.
Sec. 6.".
Page 2, line 28, delete "6." and insert " 7.".
Page 3, line 4, delete "7." and insert " 8.".
Page 3, line 9, delete "12" and insert " 13".
Page 3, line 13, delete "5" and insert " 6".
Page 3, line 14, delete "6" and insert " 7".
Page 3, line 20, delete "8." and insert " 9.".
Page 3, line 28, delete "9." and insert " 10.".
Page 3, line 32, delete "5 or 6" and insert " 6 or 7".
Page 3, line 34, delete "10." and insert " 11.".
Page 3, line 34, delete "5 or 6" and insert " 6 or 7".
Page 3, line 38, delete "11." and insert " 12.".
Page 3, line 38, delete "5 or 6" and insert " 6 or 7".
Page 4, line 2, delete "16" and insert " 17".
Page 4, line 3, delete "a".
Page 4, line 3, delete "plan of".
Page 4, line 6, delete "12." and insert " 13.".