FL S1866

Defines "qualified insurers" as workers' compensation insurers with combined ratios below 100% for the prior 2 years, surplus exceeding $500 million, and A+ or AA ratings from major rating agencies.

Requires "qualified insureds" (businesses with at least $500,000 in estimated annual countrywide workers' compensation premiums) to receive clear disclosure of program terms, including duration, early termination penalties, payment schedules, and dispute resolution methods.

Allows qualified shared underwriting result participation programs to be issued through separate agreements with qualified reinsurers, enabling insureds to participate in underwriting profits or risks maintained in segregated cell accounts.

Requires program forms to be filed with the Office of Insurance Regulation for informational purposes only and exempts them from standard form approval requirements under section 627.410.

Exempts charges, deposits, and other payments under these programs from the state's insurance Rating Law, while requiring qualified insurers to comply with workers' compensation law provisions.