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Florida Insurance Council - Covering Florida Since 1962
By: Katrina Callaway, FIC General Counsel On February 20, 2019, the House Insurance and Banking Subcommittee passed a committee substitute for HB 537, a bill dealing with how the Florida Workers’ Compensation Joint Underwriting Association (FWCJUA) handles unclaimed dividends and premium refunds. Under the bill, the FWCJUA can retain unclaimed dividends or premium refunds…
By: Katrina Callaway, FIC General Counsel A bill that primarily cleans up FWCIGA assessment provisions and makes a minor change to FIGA cleared its first committee on February 20, 2019 with three amendments. HB 429 has two committees left. The Senate bill, SB 496, has not yet been heard in committee. Regarding FWCIGA, the amended…
By: Katrina Callaway, FIC General Counsel SB 426 by Sen. Flores (R) makes firefighters who are diagnosed with certain cancers eligible to receive specified cancer related benefits in lieu of workers’ compensation. The bill cleared its first Senate committee on February 19, 2019 and has two more committee stops. The bill was not amended in…
By: Katrina Callaway, FIC General Counsel During its January 23rd meeting, the House Insurance and Banking Subcommittee heard presentations from state officials on workers’ compensation benefits, litigation, and attorney fees. The purpose of the meeting was to provide background on workers’ compensation for committee members, many of who are new to the Insurance Subcommittee. Andrew…
To: All Florida Workers’ Compensation Insurance Carriers, Self-Insured Employers, and Third Party AdministratorsSubject: Maximum Workers’ Compensation Rate, Effective January 1, 2019 References: Information Bulletin The Florida Department of Economic Opportunity has determined the statewide average weekly wage paid by employers subject to the Florida Reemployment Assistance Program Law to be $939.41 for the four calendar…
By Greenberg Traurig Florida Division of Workers’ CompensationNovember 27, 2018 Below are the notes from the Division of Workers’ Compensation rule development hearings. The record for all four rules will be open for seven days, close of business on December 4. Written comments can be sent to Theresa Pugh at theresa.pugh@myfloridacfo.com. The Division plans on…