HB 883: Protected Cell Captive Insurance Companies
GENERAL BILL by Fabricio
Protected Cell Captive Insurance Companies; Revises definition of "captive insurance company" to include protected cell captive insurance company; restricts coverage by protected cell captive insurance companies to protected cell participants; provides minimum capital, net assets & surplus requirements for protected cell captive insurance companies; provides requirements for formations of protected cell captive insurance companies; requires assets & liabilities of protected cells to be separate & separately identifiable from general accounts of captive insurance companies & from other protected cells; authorizes assets of different protected cells to be combined for specified purposes; provides procedures for pleadings in legal actions; provides procedures for protected cells for conversion to other forms, disaffiliation from captive insurance companies, & for merging with other protected cells.
-
Bill History
Date Chamber Action 12/23/2025 House • Filed
-
HB 883, Original Filed Version (Current Bill Version) Posted 12/23/2025 at 10:27 AM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 990 Protected Cell Captive Insurance Companies Leek Identical Last Action: 12/19/2025 S Filed 
Citations - Statutes (6)
Citation Catchline Location in Bill Location In Bill Help 628.901 Definitions. Page 5 (pdf) 628.905 Licensing; authority. Page 7 (pdf) 628.907 Minimum capital and net assets requirements; restriction on payment of dividends. Page 8 (pdf) 628.908 Surplus requirements; restriction on payment of dividends. Page 9 (pdf) 628.909 Applicability of other laws. Page 10 (pdf) 628.921 Page 10 (pdf)