Governmental Self-Insurers approved by the Department to adjust and submit workers' compensation claims to the Servicing Self-Insurers (Rule 69L-5.229).
"Employers who have provided proof to the Florida Self-Insurers Guaranty Association, Inc., that it has the financial strength necessary to ensure timely payment of all current and future claims individually and on behalf of its subsidiary and affiliated companies with employees in this state and receiving an
Chapter Title: RULES FOR SELF-INSURERS UNDER THE WORKERS' COMPENSATION ACT Rule file, 69L-5.109, Excess Insurance (Repealed), 3/9/ 2010.
FASI is comprised of employers who self-fund some aspect of their insurance has been instrumental in influencing Workers' Compensation reform in Florida.
Section 440.38(1)(b), Florida Statutes, allows the Division of Workers' Compensation to permit an employer to pay compensation directly to its employees upon furnishing proof to the Florida Self-Insurers Guaranty Association, Inc. that the employer has the financial strength necessary to ensure timely payment of all
Section 440.38(1)(b), Florida Statutes, allows the Division of Workers' Compensation to permit an employer to pay compensation directly to its employees upon
The requirement for the mandatory coverage can be satisfied by securing workers compensation insurance through a bona fide insurance carrier, or the employer can be, subject to state requirements, self-insured. The company issuing the insurance must be licensed in the state of Florida.
Q. What is a self-insured Workers' Compensation program? A. A self-insured Workers' Compensation plan (or a self-funded plan as it is also called) is one in
(a) Requiring monetary reserves to be maintained by such self-insurers to pooling their liabilities, administer the payment of workers' compensation to their (9) A group self-insurance fund shall participate in the Florida Self-Insurance Fund
Florida law requires workers' compensation insurance for nearly every employer You can self-insure, join a self-insured group, buy a policy in the open market