Captive Insurance Company

History of Florida Captive Insurance Law

Florida originally enacted legislation for captive insurance in 1982, which created provisions authorizing the creation of U.S. domiciled captive insurers by establishing operational criteria and standards.  In April 2012, Governor Scott signed HB1101 into law, which augmented these provisions by further specifying criteria for the formation, incorporation, coverage, capital and surplus, reporting, licensure and reinsurance of captive insurers.

• What is a Captive Insurance Company?
• What is a Captive Reinsurance Company?
• Florida's Minimum Capitalization and/or Surplus Requirements for a Captive Insurance or Reinsurance Company
• Other Requirements Necessary to Establish a Captive Insurance or Reinsurance Company in Florida
• Florida Statutes that Apply to Captive Insurance Legislation

Office of Insurance Regulation (Office) Contact Information
Robert Ridenour, Financial Administrator
Property and Casualty Financial Oversight
Phone: (850) 413-5227
Email: Robert.Ridenour@floir.com

Disclaimer: The information provided on this page is a summary of Florida’s law and requirements for captive insurance companies, but is not a full representation of the law. To learn more about the law in its entirety, visit Chapter 628, Part V. In addition, some of these resources were not developed by the Office, and some links will direct you to websites not maintained by the Office.