Florida Senate - 2026 SB By Senator DiCeglie 18-01447-26 2026836__ CODING: Words stricken are deletions; words underlined are additions. A bill to be entitled

An act relating to risk retention groups; amending s. 2 627.944, F.S.; specifying that risk retention groups registered to do business in this state are insurance companies authorized to do business in this state; 5 providing an effective date. 6

Be It Enacted by the Legislature of the State of Florida: 8

Section 1. Subsection (13) is added to

section 627.944, 10 Florida Statutes, to read: 11 627.944 Risk retention groups not certificated in this state.—Risk retention groups certificated or licensed in states other than this state and seeking to do business as a risk retention group in this state must observe and abide by the laws of this state as follows: 16

(13) AUTHORIZATION.—A risk retention group registered to do business in this state pursuant to this

section is an insurance company authorized to do business in this state. 19

Section 2. This act shall take effect July 1, 2026. 20