Vote to adopt an amendment that pushes back the date of actuarially sound rate filing from 2010 to 2013.
-Extends the date of commencement of actuarially sound rate filing from 2010 to 2013 (Sec. 5).
-Mandates that after 2013, rate increases may not exceed a statewide average of 10% or exceed 20% for any individual policy (Sec. 7).
-Allows the corporation to increase rates enough to recoup additional reimbursement premium paid to the Florida Hurricane Catastrophe Fund (Sec. 9).