§ 628.909, Fla. Stat. · Part V. CAPTIVE INSURERS
Applicability of other laws.
Text — 2026 Florida Statutes
(1) The Florida Insurance Code does not apply to captive insurance companies, protected cell captive insurance companies, or industrial insured captive insurance companies except as provided in this part and subsections (2) and (3).
(2) The following provisions of the Florida Insurance Code apply to captive insurance companies who are not industrial insured captive insurance companies to the extent that such provisions are not inconsistent with this part:
(a) Chapter 624, except for ss. 624.407, 624.408, 624.4085, 624.40851, 624.4095, 624.411, 624.425, and 624.426.
(b) Chapter 625, part II.
(c) Chapter 626, part IX.
(d) Sections 627.730-627.7405, when no-fault coverage is provided.
(e) Chapter 628.
(3) The following provisions of the Florida Insurance Code shall apply to industrial insured captive insurance companies to the extent that such provisions are not inconsistent with this part:
(a) Chapter 624, except for ss. 624.407, 624.408, 624.4085, 624.40851, 624.4095, 624.411, 624.425, 624.426, and 624.609(1).
(b) Chapter 625, part II, if the industrial insured captive insurance company is incorporated in this state.
(c) Chapter 626, part IX.
(d) Sections 627.730-627.7405 when no-fault coverage is provided.
(e) Chapter 628, except for ss. 628.341, 628.351, and 628.6018.
Notes and commentary — not statutory text
History
ss. 664, 809(1st), ch. 82-243; s. 46, ch. 83-215; ss. 5, 11, ch. 87-127; s. 34, ch. 87-226; ss. 187, 188, ch. 91-108; s. 4, ch. 91-429; s. 33, ch. 95-211; s. 67, ch. 2001-63; s. 122, ch. 2005-2; s. 24, ch. 2012-151; s. 4, ch. 2013-209; s. 5, ch. 2026-72.
Note
Note.—Former s. 628.607.
Source of truth
- Edition
- 2026 Florida Statutes
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?App_mode=Display_Statute&URL=0600-0699/0628/0628.html
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- sha256 3482f6e8e4c2b142da77db0bc6f6d4989353223b90c1b85a39e29bef40710c8e
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
The Florida Statutes
- Fla. Stat. ch. 624INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONSPrinted as Chapter 624
- § 624.407, Fla. Stat.Surplus required; new insurers.Printed as ss. 624.407, 624.408, 624.4085, 624.40851, 624.4095, 624.411, 624.425, 624.426, and 624.609(1); ss. 624.407, 624.408, 624.4085, 624.40851, 624.4095, 624.411, 624.425, and 624.426
- § 624.408, Fla. Stat.Surplus required; current insurers.Printed as ss. 624.407, 624.408, 624.4085, 624.40851, 624.4095, 624.411, 624.425, 624.426, and 624.609(1); ss. 624.407, 624.408, 624.4085, 624.40851, 624.4095, 624.411, 624.425, and 624.426
- § 624.4085, Fla. Stat.Risk-based capital requirements for insurers.Printed as
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