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FL H1163

Bill

Status

Introduced

1/7/2026

Primary Sponsor

Adam Botana

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Amends section 627.944, Florida Statutes, to add a new subsection (13) on authorization of risk retention groups
  • Risk retention groups registered to do business in Florida pursuant to this section are classified as insurance companies authorized to do business in the state
  • Applies to risk retention groups that are certificated or licensed in other states and seeking to operate in Florida
  • Effective date: July 1, 2026

Legislative Description

Risk Retention Groups

Last Action

Now in Insurance & Banking Subcommittee

1/15/2026

Committee Referrals

Insurance And Banking Subcommittee1/15/2026

Full Bill Text

No bill text available