Category: Florida Workers’ Compensation

On Friday, February 27, 2009, the Florida Workers’ Compensation Joint Underwriters Association (“FWCJUA”) Investment Committee (“Committee”) met to review the FWCJUA’s current investment portfolio and consider whether an exception to its Investment Policy was warranted, given the state of the …

The Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) held an Investment Committee (“Committee”) meeting on February 24, 2009 to hear a report on FWCIGA investments, and review the organization’s investment management structure and bank account. As of December 31, 2008, …

The Florida Department of Financial Services, Office of Insurance Regulation has issued a Notice of Proposed Rule Development for proposed Rule 69O-189.003:  Workers’ Compensation Application and Audit Procedures. The proposed Rule would allow electronic signatures in the application for workers’ compensation …

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Board of Governors (“Board”) met on Friday, February 20, 2009. The Board approved FWCJUA reserve estimates for unpaid loss and loss adjustment expenses for the years 1994 through December 31, 2008 at …

The Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Rates and Forms Committee (“Committee”) met on Thursday, February 19, 2009. The Committee approved estimated FWCJUA reserve estimates for unpaid loss and loss adjustment expenses for the years 1994 through December 31, …

  On Monday, February 16, 2009, the Florida Department of Financial Services (“DFS”), Division of Workers’ Compensation (“Division”) held a workshop on proposed Rule Chapter 69L-5 entitled “Rules for Self-Insurers Under the Workers’ Compensation Act.” The Rules under consideration would …

On Tuesday, February 3, 2009, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) held a Producer Committee (“Committee”) meeting to discuss producer fees, producer/agent financial reliability policies, the on-line producer application process and certificate of insurance issuance. Committee Chairman Dan …

The Florida Department of Financial Services, Division of Workers’ Compensation has issued a Notice of Development of Rulemaking regarding Rule Chapter 69L-5:  Rules for Self-Insurers Under the Workers’ Compensation Act.  A meeting to address the proposed new Chapter is scheduled …

On Friday, January 30, 2009, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Investment Committee (“Committee”) held a meeting to review its compliance and investment policy procedures.  FWCJUA Staff member Laura Lopez gave an update on the currently-authorized FWCJUA investment …

On Thursday, January 22, 2009, the Florida Department of Financial Services (“Department”), Division of Workers’ Compensation had scheduled a hearing regarding the following Rules related to employer procedures for imputing payroll and penalty calculations: 69L-6.028: Procedures for Imputing Payroll and …