CS/CS/HB 883: Protected Cell Captive Insurance Companies
GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; 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.
Last Action: 2/26/2026 House - Bill added to Special Order Calendar (3/3/2026)
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 12/23/2025 | House |
• Filed |
| 1/5/2026 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Civil Justice & Claims Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 1/13/2026 | House |
• 1st Reading (Original Filed Version) |
| 2/9/2026 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 2/11/2026 | House |
• Favorable with CS by Insurance & Banking Subcommittee • Reported out of Insurance & Banking Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 1) |
| 2/12/2026 | House |
• Referred to Civil Justice & Claims Subcommittee • Referred to Commerce Committee • Now in Civil Justice & Claims Subcommittee |
| 2/16/2026 | House |
• Added to Civil Justice & Claims Subcommittee agenda |
| 2/18/2026 | House |
• Favorable by Civil Justice & Claims Subcommittee • Reported out of Civil Justice & Claims Subcommittee • Now in Commerce Committee |
| 2/20/2026 | House |
• Added to Commerce Committee agenda |
| 2/24/2026 | House |
• Favorable with CS by Commerce Committee |
| 2/25/2026 | House |
• Reported out of Commerce Committee • Laid on Table under Rule 7.18(a) • CS Filed • Bill referred to House Calendar • 1st Reading (Committee Substitute 2) |
| 2/26/2026 | House |
• Added to Second Reading Calendar • Bill added to Special Order Calendar (3/3/2026) |
