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New Association Wants Florida to Become a Major Domicile for Captives

It’s probably too late for 2026 legislative session, but by this time next year, a newly formed Florida group hopes it will be well on its way toward a new set of laws that will help Florida become a powerhouse domicile for captive insurance companies.

“The goal is to have 200 captives in Florida within five to 10 years—hopefully, five years,” said Andre Teixeira, chairman of the Florida Captive Insurance Association, which was formed only last summer.