Florida SB 836: Risk Retention Groups

Bill Text

836 
Risk Retention Groups 
2025-12-09T11:11:26Z 
Specifying that risk retention groups registered to do business in this state are insurance companies authorized to do business in this state, etc. 
Original Filed Version 
2026 
S 
2026-07-01T00:00:00Z 
GB 
General Bill 
__ 

 Florida Senate - 2026 SB 836 

 By Senator DiCeglie 

 18-01447-26 2026836__ 
 1 A bill to be entitled 
 2 An act relating to risk retention groups; amending s. 
 3 627.944, F.S.; specifying that risk retention groups 
 4 registered to do business in this state are insurance 
 5 companies authorized to do business in this state; 
 6 providing an effective date. 
 7 
 8 Be It Enacted by the Legislature of the State of Florida: 
 9 
 10 Section 1. Subsection (13) is added to section 627.944, 
 11 Florida Statutes, to read: 
 12 627.944 Risk retention groups not certificated in this 
 13 state.—Risk retention groups certificated or licensed in states 
 14 other than this state and seeking to do business as a risk 
 15 retention group in this state must observe and abide by the laws 
 16 of this state as follows: 
 17 (13) AUTHORIZATION.—A risk retention group registered to do 
 18 business in this state pursuant to this section is an insurance 
 19 company authorized to do business in this state. 
 20 Section 2. This act shall take effect July 1, 2026.