2000-062 RESOLUTION NO. 2000-62
RESOLUTION OF THE CITY COMMISSION OF
HE CITY OF AVENTURA, FLORIDA, SUPPORTING
CTION BY THE FLORIDA LEGISLATURE TO
~EFORM WINDSTORM INSURANCE LEGISLATION
30 THAT ADEQUATE PROTECTION IS AVAILABLE
~.T REASONABLE AND FAIR RATES; PROVIDING
--OR AN EFFECTIVE DATE.
WHEREAS, it is necessary to comprehensively revise Florida Statutes pertaining
to the windsl~rm insurance industry so that the inequities of the current system is
corrected an~ property owners are able to obtain effective insurance at fair and
reasonable ra es; and
WHEREAS, various proposals have surfaced concerning reformation of the
windstorm in~ Jrance system, including those calling for legislative revisions and others
advocating pE :ition drives to amend the Florida Constitution to resolve the problem; and
WHEREAS, the City Commission supports efforts by Senator Silver and
Representati~ Heyman to work with the Florida Legislature to comprehensively
address remE iation of the windstorm insurance problem.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF AVE NTURA, FLORIDA, THAT:
Sectio~ 1. Recitals Adopted. The above stated recitals are hereby confirmed
and adopted.
Sectio~ 2. Le.qislation Requested. The City Commission supports a series of
revisions to ~e Florida Statutes to provide a comprehensive reform of the windstorm
insurance in Jstry, including legislation embracing the following components:
Resolution N( 2000-62
Page 2
Prohibit insurance companies from setting rates upon the basis
of privately generated computer models, and instead require
that any computer model used be available for public review
and the approval by the State Insurance Commissioner;
Discontinue the arbitration panel for review of insurance rates,
and restore the veto power of the State Insurance
Commissioner over the approval of rates;
Require insurers which offer property, liability and/or windstorm
insurance in any area of Florida to provide the same level of
coverage throughout the entire state;
~. Enable representatives of consumer groups to hold a majority of
positions in the governing board of the Florida Windstorm
Underwriting Association;
5. Require windstorm insurance coverage to offer replacement
value coverage, not simply actual cash value;
3. Provide fair credits for those policy holders who already have
flood insurance and other coverage, under those circumstances
in which the windstorm insurance coverage provides for a set-
off from other coverages; and provide a credit on other
insurance premiums for those policy holders having windstorm
insurance;
7. Provide meaningful credits for those insured persons who
employ mitigation techniques, including the installation of
shutters, impact resistant glass and other protective devices;
9. Clearly define what is covered by windstorm, property, and
other insurance varieties, while identifying any duplication or
gaps in coverage.
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Resolution N 3. 2000-6_.Z2
Page 3
Secti¢ n 3. Implementation. The City Manager is hereby authorized to take all
necessary ac lion to provide for the implementation of the purposes of this resolution.
Secti¢ n 4, Effective Date. This Resolution shall become effective immediately
upon its adc tion.
The foregoing Resolution was offered by Commissioner
Perlow , who moved its adoption. The motion was seconded by
CommissionEr Ho~zber~ , and upon being put to a vote, the vote was
as follows:
Comm ssioner Arthur Berger yes
Comm ss,oner Jay R. Beskin yes
Comm ssloner Ken Cohen yes
Comm ssloner Harry Holzberg yes
Comm ss~oner Patricia Rogers-Libert absent
Comm ss~oner Jeffrey M. Perlow yes
Mayor Arthur I. Snyder yes
PASSI !O AND ADOPTED this 3,d d~,ay ~)f Octo~3~r, 2000.
A~THUR i. SNYDE~ MAYOR
ATTEST:
TE~RESA M. ~OR~KA, C~IC,'CITY CLERK
/
APPROVED ~,S T~O LEGAL SUFFICIENCY:
A-NORTq' L
CITY
~EY
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