Captive Insurance Company

The Following Florida Statutes Apply to Captive Insurance Legislation:

Chapter 628, Part V (Entire Chapter)
Chapter 628.901 – Definitions
Chapter 628.905 – Licensing; Authority
Chapter 628.906 – Application Requirements; Restrictions on Eligibility of Officers and Directors
Chapter 628.907 – Minimum Capital and Net Assets Requirements; Restriction on Payment of Dividends
Chapter 628.908 - Surplus Requirements; Restriction on Payment of Dividends
Chapter 628.909 – Applicability of Other Laws
Chapter 628.910 – Incorporation Options and Requirements
Chapter 628.911 – Reports and Statements
Chapter 628.912 - Discounting of Loss and Loss Adjustment Expense Reserves
Chapter 628.913 – Captive Reinsurance Companies
Chapter 628.914 – Minimum Capitalization or Reserves for Captive Reinsurance Companies
Chapter 628.9141 – Incorporation of a Captive Reinsurance Company
Chapter 628.9142 – Reinsurance; Effect on Reserves
Chapter 628.915 – Exemption from Compulsory Association
Chapter 628.917 – Insolvency and Liquidation
Chapter 628.918 – Management of Assets of Captive Reinsurance Company
Chapter 628.919 – Standards to Ensure Risk Management Control by Parent Company
Chapter 628.920 – Eligibility of Licensed Captive Insurance Company for Certificate of Authority to Act as Insurer