Effective November 27, 2017, Guarantee Insurance Company (“GIC”) was ordered into receivership for the purposes of liquidation by the Second Judicial Circuit Court in Leon County, Florida.
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 or the Florida Receiver. No employers liability claim will be paid in excess of this cap.
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 531. 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 email@example.com .
Premium Refunds/Unearned Premium:
FWCIGA will pay certain unearned premium claims, in accordance with Florida Statutes, after the Florida Receiver completes its processing of the policy records and sends the unearned premium records to FWCIGA.
For non-claim related questions regarding the receivership, consumers are asked to contact the Receiver by using the “Contact Us” form at the Receivers website, www.myfloridacfo.com/division/receiver or call the Florida Department of Financial Services, as Receiver, at (800) 882-3054 or (850) 413-3081.