FWCJUA Board of Governors Meeting Report and Materials: December 9
Dec 11, 2008
On Tuesday, December 9, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) held its quarterly Board of Governors (“Board”) meeting. Copies of the complete meeting agenda, summary, and materials are attached for your review.
The Board adopted its 2009 quarterly meeting schedule. Board meetings are scheduled to be held on the following dates:
- Tuesday, March 10
- Tuesday, June 9
- Wednesday, September 9
- Thursday, December 8
In addition to adopting its 2009 meeting schedule, the Board took the following actions:
- Agreed to retain the current Vice Chair and Officers
- Authorized FWCJUA participation in the Certificate of Deposit Account Registry Service
- Authorized its reinsurance broker to obtain the most favorable terms and coverages for the 2009 Reinsurance Program
- Agreed to discontinue use of FWCJUA special classification code 0916 as soon as possible
- Adopted the FWCJUA Policyholder Dividend Policy
- Adopted the 2009 Business Plan and Forecast
- Re-confirmed the current and proposed Investment Policy exceptions
- Authorized a four percent pay increase for executive staff
Should you have any questions or comments, please do not hesitate to contact Colodny Fass.
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