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Item N7BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: ______May 20, 2009___ Division: BOCC 3 ______ Bulk Item: Yes _ No X Department: DIST 3 ____ Staff Contact Person/Phone #: C.Schreck x 3430 AGENDA ITEM WORDING: A resolution of the Board of County Commissioners of Monroe County opposing House Bill 1171 and Senate Bill 2036, opposing any legislation having the result of abrupt deregulation of the insurance industry, removing effective consumer protection against unregulated rates, and seeking Governor Crist’s veto if the legislature passes such bills ITEM BACKGROUND: State House Bill 1171 and Senate Bill 2036 will allow large insurers to set unregulated rates and reduce the Office of Insurance Regulation’s ability to provide oversight of the industry. The Office of Insurance Regulation was instrumental in addressing the windstorm crisis in the Keys. PREVIOUS RELEVANT BOCC ACTION: CONTRACT/AGREEMENT CHANGES: __________________________________________________________________________________ STAFF RECOMMENDATIONS: TOTAL COST: INDIRECT COST: ___N/A______BUDGETED: N/A YesNo_X__ COST TO COUNTY:SOURCE OF FUNDS: N/A _____________ REVENUE PRODUCING:AMOUNT PER MONTHYear ____ Yes No X APPROVED BY: County Atty X OMB/Purchasing Risk Management ____ DOCUMENTATION: Included Not Required____ DISPOSITION:AGENDA ITEM # Revised 1/09