Florida H99: Reinsurance Intermediary Managers

What the bill says

An act relating to reinsurance intermediary managers; amending s. 626.7492, F.S.; revising the definition of the term "controlling person" to make technical changes and the term "reinsurance intermediary manager" to exclude certain underwriting managers; reenacting s. 626.022(1)(a), F.S., relating to scope of part, to incorporate the amendment made to s. 626.7492, F.S., in a reference thereto; providing an effective date.

From the introduced text, October 7, 2025:

An act relating to reinsurance intermediary managers; amending s. 626.7492, F.S.; revising the definition of the term "controlling person" to make technical changes and the term "reinsurance intermediary manager" to exclude certain underwriting managers; reenacting s. 626.022(1)(a), F.S., relating to scope of part, 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. Paragraphs (b) and (g) of subsection (2) of section 626.7492, Florida Statutes, are amended to read: 626.7492 Reinsurance intermediaries.— (2) DEFINITIONS.—As used in this section: (b) "Controlling person" means having the direct or indirect power, as a any person, firm, association, or corporation, who directly or indirectly has the power to direct or cause to be directed, the management, control, or activities of the reinsurance intermediary. (g) "Reinsurance intermediary manager" means any person who has authority to bind, or manages all or part of, the assumed reinsurance business of a reinsurer, including the HB 99 2026 CODING: Words stricken are deletions; words underlined are additions. hb99-00 Page 2 of FLORIDAHOUSEOFREPRESENTATIVES 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 …

Read the full official text

Sponsors

• Gentry, Richard (R, HD-027) · primary sponsor

Latest actions

1. March 11, 2026: Laid on Table; Companion bill(s) passed, see SB 394 (Ch. 2026-146)
2. February 11, 2026: Added to Second Reading Calendar
3. February 11, 2026: Bill released to House Calendar
4. February 11, 2026: Reported out of Commerce Committee
5. February 10, 2026: Favorable by Commerce Committee
6. February 6, 2026: Added to Commerce Committee agenda
7. February 3, 2026: Now in Commerce Committee
8. February 3, 2026: Reported out of Insurance & Banking Subcommittee
9. February 3, 2026: Favorable by Insurance & Banking Subcommittee
10. January 30, 2026: Added to Insurance & Banking Subcommittee agenda

Votes

• House: Commerce Committee (February 10, 2026): 24 yea, 0 nay, passed
• House: Commerce Committee (February 10, 2026): 24 yea, 0 nay, passed
• House: Insurance & Banking Subcommittee (February 3, 2026): 15 yea, 0 nay, passed
• House: Insurance & Banking Subcommittee (February 3, 2026): 15 yea, 0 nay, passed

Common questions

What is H99?

H99 is a bill in the Florida Legislature (2026 Regular Session): Reinsurance Intermediary Managers.

What does H99 do?

In its own words: An act relating to reinsurance intermediary managers; amending s. 626.7492, F.S.; revising the definition of the term "controlling person" to make technical changes and the term "reinsurance intermediary manager" to exclude certain underwriting managers; reenacting s. 626.022(1)(a), F.S., relating to scope of part, to incorporate the amendment made to s. 626.7492, F.S., in a reference thereto; providing an effective date.

What is the status of H99?

Passed one chamber as of March 11, 2026. Latest action: Laid on Table; Companion bill(s) passed, see SB 394 (Ch. 2026-146) (March 11, 2026).

Who sponsored H99?

Gentry, Richard (R, HD-027).

Where is the official record for H99?

On the Florida Legislature website: https://www.flsenate.gov/Session/Bill/2026/99