A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-75-65 SO AS TO ESTABLISH THE FORMULA THAT MUST BE USED FOR A HURRICANE, WIND, OR NAMED STORM DEDUCTIBLE IN A POLICY FOR A PERSONAL LINES RESIDENTIAL PROPERTY INSURANCE AND TO PROHIBIT THE PARTIES FROM WAIVING OR MODIFYING THE NAMED STORM DEDUCTIBLE FORMULA; AND TO AMEND SECTION 38-75-755, RELATING TO POLICY RENEWAL NOTIFICATIONS, SO AS TO MAKE A CONFORMING CHANGE.