Adopted

AMENDMENT NO 3 PROPOSED TO

Cmte Sub for House Bill No. 1319

BY: Representative Reeves

     AMEND on line 26 by inserting "(1)" before "An"

     AMEND further on line 33 by striking "This" and inserting in lieu thereof the following:

     "(2)  An insurer providing a homeowners protection policy, wind policy, windstorm policy, or like policy, for a dwelling located in the State of Mississippi, which exempts from coverage damages caused by an earthquake shall obtain from the insured a "statement of explanation of earthquake exclusion."

     (3)  A statement of explanation of either flood or earthquake exclusion"

     AMEND further on line 34 by striking the word "statement"

     AMEND further on line 37 after the word "flood" by inserting "or earthquake"

     AMEND further on line 37 by striking the period and inserting in lieu thereof ", as the case may be."

     AMEND further on line 37 by striking "of"

     AMEND further on line 38 by striking "explanation of flood exclusion" and by striking "above"

     AMEND further on line 40 and on line 43 by striking "explanation of flood exclusion"

     AMEND further on line 42 by striking "of"

     AMEND further on line 57 by inserting before "under" the following:  "or a statement of explanation of earthquake exclusion"

     AMEND further the title on line 6 after the semicolon by inserting:

"ANY INSURER PROVIDING A HOMEOWNERS PROTECTION POLICY, WIND POLICY, WINDSTORM POLICY, OR LIKE POLICY, FOR A DWELLING LOCATED IN THE STATE OF MISSISSIPPI, WHICH EXEMPTS FROM COVERAGE DAMAGES CAUSED BY AN EARTHQUAKE SHALL OBTAIN FROM THE INSURED A "STATEMENT OF EXPLANATION OF EARTHQUAKE EXCLUSION;"

     AMEND further the title on line 9 by inserting after "FLOOD" the following:  "OR EARTHQUAKE"