2020 Assessment

The FWCIGA Board of Directors certified the need for a 1.0% assessment on its member insurers at its June 18, 2019 meeting.  The Florida Office of Insurance Regulation issued a 1.0% assessment levy on all new and renewal policies with effective dates beginning January 1, 2020 through December 31, 2020.  Assessments will be due the FWCIGA quarterly after applying and collecting a 1.0% surcharge to all workers’ compensation and excess workers’ compensation policies.

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Northwestern National Insurance Company

Effective May 2, 2019, Northwestern National Insurance Company (“NNIC”) was ordered into receivership for the purposes of liquidation by the Dane County Wisconsin Circuit Court.

With the entry of the liquidation order, the Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) has been activated to help pay outstanding claims for workers’ compensation policies.  The processing and payment of covered claims will be made by FWCIGA.  There is no cap on claims for workers’ compensation benefits.  Claims made under the employers’ liability portion of the workers’ compensation policy are limited to the lesser of policy limits or $300,000.  For more information see the FAQ section of this website. No claim will be paid in excess of this cap.

Eight weeks of Workers Compensation indemnity (only) claim benefits are being prepaid by the Wisconsin liquidator to allow for a smooth transition to FWCIGA.

Claimants who need to check on the status of an existing claim should call FWCIGA’s third party administrator, USIS, Inc. (“USIS”) at (800) 444-9098, extension 6550.  Policyholders who need to report a new claim are directed to fax the First Notice of Injury to USIS at fax number (407) 352-5788 or the First Notice of Injury can be scanned and emailed to USIS at claimreporting@usis-tpa.com.

Assessment Surcharge Communication

The recent insolvency of Guarantee Insurance Company had a material impact on the financial position of the Association. No assessment has been requested or surcharge levied at this time, however, one is anticipated effective January 1, 2020.

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