Category: Florida Workers’ Compensation
Oct 22, 2009
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Rates and Forms Committee (“Committee”) met Wednesday, October 21 via teleconference to consider revisions to the FWCJUA Producers Agreement (“Agreement”) and corresponding revisions to the FWCJUA Operations Manual (“Manual”) made by the …
Oct 15, 2009
The proposed rate decrease submitted by the National Council on Compensation Insurance (“NCCI”) on August 20, 2009 has been approved by the Florida Office of Insurance Regulation (“OIR”). An overall average statewide rate decrease of 6.8 percent for all Florida …
Oct 12, 2009
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Operations Committee (“Committee”) met via teleconference on October 9, 2009 to consider a proposed severance package for employees affected by a planned staff reduction. No other items were on the agenda. The staff …
Sep 23, 2009
Florida CFO Alex Sink announced today, September 23, 2009, that her Division of Insurance Fraud (“Division”) arrested an Escambia County construction company owner on charges of falsifying employment numbers with the intent of avoiding higher workers’ compensation premium payments. The …
Sep 22, 2009
Beginning with filings having an effective date of October 1, 2009, the National Council on Compensation Insurance (“NCCI”) will introduce the use of a revised methodology to determine class relativities in workers’ compensation loss cost filings. In “NCCI’s New Methodology,” a …
Sep 16, 2009
The Florida Department of Financial Services, Division of Workers’ Compensation (“DWC”) is offering a free two-day training class on Claims Electronic Data Interchange (“EDI”) reporting on Tuesday, October 6 and Wednesday, October 7, 2009 in Tallahassee. This training is recommended …
Sep 16, 2009
The Florida Department of Financial Services, Division of Workers’ Compensation (“DWC”) published its 2009 Annual Report on Tuesday, September 15, 2009 as required by law. The Report, which may be viewed by clicking here, contains information regularly collected by the …
Sep 11, 2009
The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Board of Governors (“Board”) met on September 9, 2009. A meeting recap is attached. To view the meeting materials, click here. The following is a brief summary of Board actions. December …
Sep 9, 2009
Sep 9, 2009
On August 31, 2009, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Rates and Forms Committee (“Committee”) met via teleconference. The agenda included a review of rates, rating plans and policy forms. Meeting materials are attached for review. Confirmation of …