Category: Florida Workers’ Compensation

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Operations Committee (“Committee”) met via teleconference on Monday, November 23, 2009.  The agenda included a legislative update, consideration of the 2010 FWCJUA business plan and forecast, changes to the FWCJUA budget, and …

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Reinsurance Committee (“Committee”) met via teleconference on Wednesday, November 18, 2009 to discuss the FWCJUA’s 2010 reinsurance program, participating reinsurers, and what negotiation options may be available. The Committee reviewed catastrophe and …

  DFS Rule Workshop-Florida Workers’ Compensation Billing Requirements and Violations The Florida Department of Financial Services (“DFS”), Division of Workers’ Compensation has issued a Notice of Rulemaking Development regarding the following proposed Rules that would require workers’ compensation carriers to …

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”)  Audit Committee (“Committee”) held a meeting via teleconference on November 18, 2009 to review its responsibilities for the quarter ending December 31, 2009. The Committee reviewed its Charter Procedures Checklist for points …

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Executive Compensation Committee (“Committee”) met via teleconference on Tuesday, November 17, 2009 to consider FWCJUA executive compensation and related benefits such as life insurance coverage, 401(k) issues and regular salaries for 2010. …

The Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) Investment Committee (“Committee”) met via teleconference on Monday, November 10 to review a report from a management consultant on the FWCIGA Investment Policy. The Committee had hired the consultant, Tom Burt, a Wealth Advisor and …

The Florida Department of Financial Services, Division of Workers’ Compensation has issued a Notice of Rulemaking Development regarding the following proposed Rules that would require workers’ compensation carriers to report all instances of health care provider over-utilization, as well as …

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Investment Committee (“Committee”) met via teleconference on Friday, October 30, 2009 to decide whether to continue to hold bonds that have been authorized as exceptions to the FWCJUA Investment Policy.  The meeting materials and …

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Board of Governors (“Board”) met on Monday, October 26, 2009 and heard reports from its various Committees, which are summarized below as follows:   Legislative Update Increasing workers’ compensation benefits in select …

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) MAP (“Market Assistance Plan”) Committee met briefly on October 23, 2009 to discuss changes to the FWCJUA’s Market Assistance Plan. Most of the changes were technical in nature and included clarification of: …