Deaths,
injuries and property damage from consumer product incidents cost the nation
more than $700 billion annually.

"
Governor Bush was scheduled to hold a signing ceremony in Miami today in
the presence of the bill's supporters, which include Brown, other members of
the Beacon Council, the Florida International Bankers Association (FIBA), the
Greater Miami Chamber of Commerce, the City of Coral Gables, and Florida
legislators.

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This inspection should check to make sure appropriate drain covers are in
place, and that missing or broken drain covers are replaced, as they are a
major reason many entrapment incidents occur. insurance companies with
offshore affiliates; foreign insurers based in the United Kingdom, Bermuda and

Canada; and other international financial services providers with an existing
presence in South Florida.

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If a child is missing, look in the pool first.

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cpsc.gov, by calling CPSC's
Hotline at (800) 638-2772, or by writing to "Pool Safety," U.

Founded in 1910, Shutts + Bowen LLP has offices in Miami, Fort Lauderdale,
West Palm Beach , Orlando, Tallahassee, London and Amsterdam.

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A common scenario is that young children leave the house without a parent
or caregiver realizing it.
Additionally, CPSC offers more publications consumers can use to help
prevent child drowning: Safety Barrier Guidelines for Pools (PDF) and How to
Plan for the Unexpected (PDF).

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As Summer Begins CPSC Warns about Drowning Dangers

, 20207.

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CPSC recommends layers of protection including barriers, such as a fence
with self-closing , self-latching gates completely surrounding your pool to
prevent access.S.

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"
CSPC also is reminding parents and caregivers to be aware of the hidden
danger of drain entrapments.

The U. The legislation, which was unanimously approved by both the
Florida House and Senate in April, will take effect on July 1, 2005."
Brown said.

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Agency Highlights Pool and Spa Drain Entrapment 'Hidden Hazard'

WASHINGTON, mostly in
residential pools. CPSC recommends
that before you use your pool or spa this year, have a professional inspect it
for entrapment hazards.
residents .

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S.
residents. residents from Florida, the new law will facilitate the
establishment of support operations in Florida by offshore insurers," Brown
explained.

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The suction from a pool drain can be so powerful that it can hold an adult
under water, but most entrapment incidents involve children .

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He predicted that the new law could have the same
type of economic impact as laws passed in the late 1970's that eased
restrictions on foreign-owned banks and established Florida as an
international banking center.
Brown noted that the new law would appeal to U.

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Pool and spa owners can consider installing a Safety Vacuum Release System
(SVRS), which detects when a drain is blocked and automatically shuts off the
pool pump or interrupts the water circulation to prevent an entrapment . The CPSC is committed to protecting
consumers and families from products that pose a fire, electrical , chemical,
or mechanical hazard. MIAMI, Florida Governor Jeb Bush yesterday signed
into law landmark legislation that paves the way for foreign insurance
companies to sell life insurance and annuity contracts from Florida to non-
U.

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Consumer Product Safety Commission is charged with protecting the
public from unreasonable risks of serious injury or death from more than
15,000 types of consumer products under the agency's jurisdiction.
"An economic study conducted by the Beacon Council estimated that this new
law could generate up to $2.S. One of Florida's
oldest and largest law firms, Shutts + Bowen currently employs more than 170
attorneys.

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CPSC recently updated its Guidelines for Entrapment Hazards: Making Pools
and Spas Safer (PDF), which details specific information for pool owners and
professionals to reduce entrapment dangers. The CPSC's work to ensure the safety of consumer
products -- such as toys, cribs, power tools, cigarette lighters, and
household chemicals -- contributed significantly to the 30 percent decline in
the rate of deaths and injuries associated with consumer products over the
past 30 years.
The legislation makes it easier for qualified offshore insurance companies
to conduct business here in Florida that is aimed at serving non-U.

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Additional layers to
consider include pool alarms and manual safety covers.
It is important to always be prepared in case of an emergency by having
rescue equipment and a phone near the pool, and learning cardiopulmonary
resuscitation (CPR).C.7 billion annually through the sales of one
million family policies when the administrative work is conducted in Florida.S. "In addition to authorizing the sale of offshore insurance
products to non-U.

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CPSC Hotline: (800) 638-2772

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residents .

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CPSC has a new Swimming Pool Safety Alert that provides additional
swimming pool and entrapment safety information. Copies of all these free publications can be
obtained by going to CPSC's Web site at http://www. The legislation was sponsored by Senators Rudy Garcia and Gwen
Margolis in the Senate and Representative Marcelo Llorente in the House.
Brown, a Miami attorney who chairs the Financial Services Industry
Practice Group of Shutts + Bowen LLP, helped draft the bill and shepherd it
through the Legislature.

National organizations for children with special needs.

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"Florida has taken the lead in adopting legislation that can create
thousands of new, high-paying jobs in Florida while elevating Florida's
stature as an international insurance center," said Shutts + Bowen Senior
Partner Bowman Brown, who originated the idea as Chairman of the Beacon
Council Financial Services Task Force, Miami-Dade County's public/private
economic development agency.S.
Proponents worked with the Florida Office of Insurance Regulation to build
consumer safeguards into the legislation , Brown said.

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S.
Other supporters include the Broward Alliance; Mike Carricarte, Chairman of
Amedex insurance in Miami; Tom Cornish, President and CEO of Seitlin insurance
in Fort Lauderdale; and Jack Lowell, Vice Chairman of Codina Realty Services,
Inc.

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"Since no one layer of protection is
foolproof , parents must be constantly vigilant to protect their children.

Florida Governor Jeb Bush Signs Into Law Landmark International Insurance Legislation

The new law eliminates the requirement that foreign insurers
obtain a certificate of authority from the Florida Office of Insurance
Regulation to sell life insurance policies and annuity contracts to non-U.

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"News of this legislation already has attracted a great deal of
interest from major international insurance companies and providers of
international financial services in South Florida.

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Since 1990, CPSC has reports of 130 people who
became entrapped on pool and spa drains or whose hair became entangled in the
drain cover, resulting in 27 deaths . Consumer
Product Safety Commission, Washington, D.

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If the house forms a side of the barrier, use alarms on doors
leading to the pool area or a power safety cover.
"Close supervision of young children is crucial in preventing drowning
deaths," said CPSC Chairman Hal Stratton.