Category: Florida Workers’ Compensation

  Several Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) committees met during the week of February 11, 2013.  Reports on each meeting follow:   Reinsurance Committee Recommends Reinsurance Intermediary At its meeting today, February 20, 2013, the FWCJUA Reinsurance Committee …

  The Florida Department of Financial Services’ Division of Workers’ Compensation (“DWC”) has adopted the Health Care Provider Certification Rule (Rule Chapter 69L-29, Florida Administrative Code), effective February 6, 2013.  To view the Rule Chapter, click here.  The revised Rule …

  During its January 16, 2013 teleconference meeting the Florida Board of Employee Leasing Companies (“BELC”) approved several employee leasing company and controlling person applications after brief discussion.  Approvals on others were postponed until next month because related questions remained …

  The Florida Division of Workers’ Compensation (“DWC”) has submitted a Notice of Proposed Rule Development for Rule 69L-6.012, F.A.C., entitled “Notice of Election to Be Exempt.” The proposed Rule implements applicable sections of HB 941, which was enacted in …

  Several Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) committees met during late November 2012.  The meeting materials are attached.  Reports on each meeting follow:   Rates and Forms Committee Authorizes Discussions on Subplan D Actuarial Deficit The FWCJUA Rates …

  Several Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) committees met during late November 2012.  The meeting materials are attached.  Reports on each meeting follow: The meeting materials are attached.   Rates and Forms Committee Authorizes Discussions on Subplan D …

  At its meeting today, November 15, 2012, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Audit Committee (“Committee”) approved the 2013 meeting schedule, reviewed the Charter Committee procedures checklist, and heard a report on an upcoming market exam. With …

  During a Workgroup meeting Tuesday, November 13, 2012, the Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) discussed proposed statutory language intended to address the recent impact of workers’ compensation insurer insolvencies by protecting policyholders and the public from the …

  At its meeting yesterday, November 8, 2012, the Florida Workers’ Compensation Joint Underwriting Association (“FWCJUA”) Investment Committee (“Committee”) rescheduled two 2013 meeting dates, and agreed that recent investment activities by the FWCJUA’s financial advisor remain compliant with the FWCJUA’s …

  The Florida Office of Insurance Regulation has officially approved a 6.1 percent rate increase for the National Council on Compensation Insurance, it announced today, November 5, 2012.  On October 26, the OIR stated its intention to approve the increase …