# Florida HB 883: Protected Cell Captive Insurance Companies Florida HB 883, Protected Cell Captive Insurance Companies, is a 2026 House bill sponsored by Tom Fabricio (Republican); status signed, last action 2026-05-12 (Chapter No. 2026-72) (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/FL-HB883-2026 - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Florida HB 883 - State: Florida - Session: 2026 - Title: Protected Cell Captive Insurance Companies - Status: signed - Chamber: House - Introduced: 2025-12-23 - Last action: 2026-05-12, Chapter No. 2026-72 - Sponsor: Tom Fabricio (Republican) - Cosponsors: 2 - Subjects: Appropriation, Insurance & Banking Subcommittee, Civil Justice & Claims Subcommittee, Commerce Committee, House Calendar, Rules - Touches household money: no - Roll calls: 2 (147 yes, 0 no in all) - Economic provisions PRIA read: 9 ## Summary No summary available. ## Bill overview: provisions PRIA read - Protected cells gain targeted lawsuit safeguards: benefit, low. Beginning July 1, 2026, lawsuits must identify each protected cell that is a party and separately identify the general account. A case against the company naming no cell reaches only the general account; unnamed cells are not parties. A cell named improperly is entitled to prompt dismissal. A nonpa… - Captive insurers gain conversion and merger options: benefit, low. Beginning July 1, 2026, regulatory approval lets cells become other captive forms and captive insurers become protected cell insurers. Required company filings apply; conversions preserve the applicable original formation or license date and carry cell assets and debts forward. Cells can also move… - Protected cells keep separate financial backing: benefit, low. Beginning July 1, 2026, insurers must separately track each cell’s assets and debts under approved plans and participant contracts. Each cell owns its assets, which must cover at least its reserves and other insurance liabilities. Its assets pay only its own claims and expenses, not another cell’s… - Cell insurers face approvals and filings: mixed, low. Beginning July 1, 2026, license applicants must explain cell accounting, make records available for examination, and show fair expense sharing. They must also submit participant contracts or samples. Florida’s insurance regulator must approve each cell’s business objectives and investment guideline… - Cell insurers must back insurance debts: mixed, low. Beginning July 1, 2026, cell insurance business must be backed by a state-licensed fronting insurer or a Florida-authorized or approved reinsurer. A fronting insurer issues coverage on the captive’s behalf; a reinsurer takes on insurance risk. Cell liabilities neither fronted nor reinsured require… - Insurer reporting helps protect solvent cells: mixed, low. Beginning July 1, 2026, protected cell insurers must file annual financial reports showing each cell’s financial experience. They must notify Florida’s insurance regulator in writing within 10 business days after a cell cannot meet claims or expenses. The regulator can separate cells it finds solve… - Insurers gain investment options, face payout limits: mixed, low. Beginning July 1, 2026, insurers can pool two or more cells’ assets for investment without ending their legal separation. Florida’s insurance regulator can approve other reliable methods to value cell assets and debts and rate cell risks. Moving assets between cells requires the affected cells’ con… - Insurers gain protected cells with coverage limits: mixed, low. Beginning July 1, 2026, state-approved sponsors can form Florida captive insurers with incorporated or unincorporated protected cells. The insurer can be a stock insurer, mutual corporation, nonprofit corporation, or limited liability company. Incorporated cells are separate captive insurers that c… - Protected cell insurers must maintain funds: mixed, low. Beginning July 1, 2026, protected cell captive insurers must maintain at least $100,000 in unimpaired paid-in capital. They must also maintain at least $100,000 in unimpaired surplus. A nonprofit insurer must also maintain at least $100,000 in unrestricted net assets. The company’s capital and surp… ## Sponsors and cosponsors - Sponsor: Tom Fabricio (Republican), House - Cosponsor: Commerce Committee - Cosponsor: Insurance & Banking Subcommittee ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-03-04 | Senate | Senate Floor Vote | pass | 37 | 0 | | | 2026-03-03 | House | House Floor Vote | pass | 110 | 0 | | ## Actions (46) - 2026-05-12: Chapter No. 2026-72 - 2026-05-11: Approved by Governor - 2026-04-30: Signed by Officers and presented to Governor - 2026-03-04: Ordered enrolled (House) - 2026-03-04: In Messages (House) - 2026-03-04: CS passed; YEAS 37 NAYS 0 -SJ 517 (Senate) - 2026-03-04: Read 3rd time -SJ 517 (Senate) - 2026-03-04: Read 2nd time -SJ 517 (Senate) - 2026-03-04: Substituted for SB 990 -SJ 517 (Senate) - 2026-03-04: Placed on Calendar, on 2nd reading (Senate) - 2026-03-04: Withdrawn from Rules -SJ 516 (Senate) - 2026-03-03: Received (Senate) - 2026-03-03: Referred to Rules (Senate) - 2026-03-03: In Messages (Senate) - 2026-03-03: CS passed; YEAS 110, NAYS 0 (House) - 2026-03-03: Read 3rd time (House) - 2026-03-03: Added to Third Reading Calendar (House) - 2026-03-03: Read 2nd time (House) - 2026-02-26: Bill added to Special Order Calendar (3/3/2026) (House) - 2026-02-26: Added to Second Reading Calendar (House) - 2026-02-25: 1st Reading (Committee Substitute 2) (House) - 2026-02-25: Bill referred to House Calendar (House) - 2026-02-25: CS Filed (House) - 2026-02-25: Laid on Table under Rule 7.18(a) (House) - 2026-02-25: Reported out of Commerce Committee (House) - 2026-02-24: Favorable with CS by Commerce Committee (House) - 2026-02-20: Added to Commerce Committee agenda (House) - 2026-02-18: Now in Commerce Committee (House) - 2026-02-18: Reported out of Civil Justice & Claims Subcommittee (House) - 2026-02-18: Favorable by Civil Justice & Claims Subcommittee (House) - 2026-02-16: Added to Civil Justice & Claims Subcommittee agenda (House) - 2026-02-12: Now in Civil Justice & Claims Subcommittee (House) - 2026-02-12: Referred to Commerce Committee (House) - 2026-02-12: Referred to Civil Justice & Claims Subcommittee (House) - 2026-02-11: 1st Reading (Committee Substitute 1) (House) - 2026-02-11: CS Filed (House) - 2026-02-11: Laid on Table under Rule 7.18(a) (House) - 2026-02-11: Reported out of Insurance & Banking Subcommittee (House) - 2026-02-11: Favorable with CS by Insurance & Banking Subcommittee (House) - 2026-02-09: Added to Insurance & Banking Subcommittee agenda (House) - 2026-01-13: 1st Reading (Original Filed Version) (House) - 2026-01-05: Now in Insurance & Banking Subcommittee (House) - 2026-01-05: Referred to Commerce Committee (House) - 2026-01-05: Referred to Civil Justice & Claims Subcommittee (House) - 2026-01-05: Referred to Insurance & Banking Subcommittee (House) - 2025-12-23: Filed (House) ## Bill text - er, 2026-07-01: [PDF](https://www.flsenate.gov/Session/Bill/2026/883/BillText/er/PDF) - c2, 2026-02-25: [PDF](https://www.flsenate.gov/Session/Bill/2026/883/BillText/c2/PDF) - c1, 2026-02-11: [PDF](https://www.flsenate.gov/Session/Bill/2026/883/BillText/c1/PDF) - Filed, 2025-12-23: [PDF](https://www.flsenate.gov/Session/Bill/2026/883/BillText/Filed/PDF) ## Related bills - SB 688: Naturopathic Medicine (vetoed) - HB 325: Education and Workforce Development for Inmates (vetoed) - HB 145: Claims Against the Government (vetoed) - SB 14: Relief of Jose Correa by Miami-Dade County (signed) - HB 6509: Relief/Estate of Mark LaGatta/Department of Transportation (signed) - HB 6507: Relief/L.E./Department of Children and Families (signed) ## Sources - [er (PDF)](https://www.flsenate.gov/Session/Bill/2026/883/BillText/er/PDF) - [c2 (PDF)](https://www.flsenate.gov/Session/Bill/2026/883/BillText/c2/PDF) - [c1 (PDF)](https://www.flsenate.gov/Session/Bill/2026/883/BillText/c1/PDF) - [Filed (PDF)](https://www.flsenate.gov/Session/Bill/2026/883/BillText/Filed/PDF) ## Related - [SB 688: Naturopathic Medicine](https://policyrisk.com/state-bill/FL-SB688-2026) - [HB 325: Education and Workforce Development for Inmates](https://policyrisk.com/state-bill/FL-HB325-2026) - [HB 145: Claims Against the Government](https://policyrisk.com/state-bill/FL-HB145-2026) - [SB 14: Relief of Jose Correa by Miami-Dade County](https://policyrisk.com/state-bill/FL-SB14-2026) - [HB 6509: Relief/Estate of Mark LaGatta/Department of Transportation](https://policyrisk.com/state-bill/FL-HB6509-2026) - [HB 6507: Relief/L.E./Department of Children and Families](https://policyrisk.com/state-bill/FL-HB6507-2026) - [Florida bills](https://policyrisk.com/states/florida/bills) - [Florida state hub](https://policyrisk.com/states/florida) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/FL-HB883-2026 (as of 2026-10-19).