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Protected Cell Captive Insurance Companies; Revises definition of "captive insurance company" to include protected cell captive insurance company; restricts coverage by protected cell captive insurance companies to protected cell participants; provides minimum capital, net assets & surplus requirements for protected cell captive insurance companies; provides requirements for formations of protected cell captive insurance companies; requires assets & liabilities of protected cells to be separate & separately identifiable from general accounts of captive insurance companies & from other protected cells; authorizes assets of different protected cells to be combined for specified purposes; provides procedures for pleadings in legal actions; provides procedures for protected cells for conversion to other forms, disaffiliation from captive insurance companies, & for merging with other protected cells.
Introduced
Jan 13, 2026
Last Action
Mar 4, 2026
Session
FL 2026
Sponsors
3 primary · 2 co
Withdrawn from Rules
Ordered enrolled
In Messages
CS passed; YEAS 37 NAYS 0
Read 3rd time
Read 2nd time
Substituted for SB 990
Placed on Calendar, on 2nd reading
Added to Third Reading Calendar
Received
Referred to Rules
In Messages
CS passed; YEAS 110, NAYS 0
Read 3rd time
Read 2nd time
Bill added to Special Order Calendar (3/3/2026)
Added to Second Reading Calendar
Reported out of Commerce Committee
Laid on Table under Rule 7.18(a)
CS Filed
Bill referred to House Calendar
1st Reading (Committee Substitute 2)
Favorable with CS by Commerce Committee
Added to Commerce Committee agenda
Now in Commerce Committee
Reported out of Civil Justice & Claims Subcommittee
Favorable by Civil Justice & Claims Subcommittee
Added to Civil Justice & Claims Subcommittee agenda
Referred to Commerce Committee
Now in Civil Justice & Claims Subcommittee
Referred to Civil Justice & Claims Subcommittee
Reported out of Insurance & Banking Subcommittee
1st Reading (Committee Substitute 1)
CS Filed
Laid on Table under Rule 7.18(a)
Favorable with CS by Insurance & Banking Subcommittee
Added to Insurance & Banking Subcommittee agenda
1st Reading (Original Filed Version)
Now in Insurance & Banking Subcommittee
Referred to Commerce Committee
Referred to Civil Justice & Claims Subcommittee
Referred to Insurance & Banking Subcommittee
Filed
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Ordered enrolled