Florida legislation · 2026 Regular Session
Florida S394: Reinsurance Intermediary Managers
Status: Chaptered, June 17, 2026
Defining the term "controlling"; revising the definition of the term "reinsurance intermediary manager" to exclude certain underwriting managers, etc.
What the bill says
An act relating to reinsurance intermediary managers; amending s. 626.7492, F.S.; defining the term âcontrollingâ; revising the definition of the term âreinsurance intermediary managerâ to exclude certain underwriting managers; reenacting s. 626.022(1)(a), F.S., relating to the scope of part I of ch. 626, F.S., to incorporate the amendment made to s. 626.7492, F.S., in a reference thereto; providing an effective date.
From the enrolled text, March 18, 2026:
An act relating to reinsurance intermediary managers; amending s. 626.7492, F.S.; defining the term âcontrollingâ; revising the definition of the term âreinsurance intermediary managerâ to exclude certain underwriting managers; reenacting s. 626.022(1)(a), F.S., relating to the scope of part I of ch. 626, F.S., to incorporate the amendment made to s. 626.7492, F.S., in a reference thereto; providing an effective date. Be It Enacted by the Legislature of the State of Florida: Section 1.âParagraphs (b) and (g) of subsection (2) of section 626.7492, Florida Statutes, are amended to read: 626.7492âReinsurance intermediaries.â (2)âDEFINITIONS.âAs used in this section: (b)ââControlling [DELETED: person] â means having the direct or indirect power, as a [DELETED: any] person, firm, association, or corporation, [DELETED: who directly or indirectly has the power] to direct or cause to be directed [DELETED: ,] the management, control, or activities of the reinsurance intermediary. (g)ââReinsurance intermediary managerâ means any person who has authority to bind, or manages all or part of, the assumed reinsurance business of a reinsurer, including the management of a separate division, department, or underwriting office, and acts as a representative for the reinsurer whether known as a reinsurance intermediary manager, manager, or other similar term. Notwithstanding the above, none of the following persons is a reinsurance intermediary manager with respect to the reinsurer for the purposes of this …
Sponsors
- Leek, Tom (R, SD-007) · primary sponsor
Latest actions
- : Chapter No. 2026-146
- : Approved by Governor
- : Signed by Officers and presented to Governor
- : Ordered enrolled
- : Passed; YEAS 111, NAYS 1
- : Read 3rd time
- : Added to Third Reading Calendar
- : Read 2nd time
- : 1st Reading (Original Filed Version)
- : Bill added to Special Order Calendar (3/11/2026)
Votes
- House: S 394 Filed (March 11, 2026): 111 yea, 1 nay, passed
- Senate: S 394 Filed (February 19, 2026): 37 yea, 0 nay, passed
- Senate: S 394 Filed (February 17, 2026): 24 yea, 0 nay, passed
- Senate: S 394 Filed (February 4, 2026): 11 yea, 0 nay, passed
- Senate: S 394 Filed (January 13, 2026): 10 yea, 0 nay, passed
Subjects: Commerce and Tourism, Rules, Appropriations, Banking and Insurance, Appropriations Committee on Agriculture, Environment, and General Government, Regulated Industries, Governmental Oversight and Accountability
Common questions
- What is S394?
- S394 is a bill in the Florida Legislature (2026 Regular Session): Reinsurance Intermediary Managers.
- What does S394 do?
- In its own words: An act relating to reinsurance intermediary managers; amending s. 626.7492, F.S.; defining the term âcontrollingâ; revising the definition of the term âreinsurance intermediary managerâ to exclude certain underwriting managers; reenacting s. 626.022(1)(a), F.S., relating to the scope of part I of ch. 626, F.S., to incorporate the amendment made to s. 626.7492, F.S., in a reference thereto; providing an effective date.
- What is the status of S394?
- Chaptered as of June 17, 2026. Latest action: Chapter No. 2026-146 (June 17, 2026).
- Who sponsored S394?
- Leek, Tom (R, SD-007).
- Where is the official record for S394?
- On the Florida Legislature website: https://www.flsenate.gov/Session/Bill/2026/394
Source: official Florida record. Tracked by Delilah, AI for legislation across all 50 states and Congress.