Claims Management System ITN Vendor Meeting

The American Guaranty Fund Group (AGFG) is issuing an Invitation to Negotiate for a Claims Management System in 2025. AGFG is the management company for the Florida Insurance Guaranty Association (FIGA) and the Florida Workers Compensation Insurance Guaranty Association (FWCIGA). They are hosting a meeting to answer potential vendor questions on February 25th at 2:00 p.m. EST. This meeting will be open to the public. Upon completion, it will be recorded and posted on AGFG’s website.

Join the Meeting Here

Meeting ID: 266 622 539 298
Passcode: Fk6F6av2

Invitation to Negotiate for a New Claims Management System

The American Guaranty Fund Group (AGFG) is issuing an Invitation to Negotiate for a Claims Management System in 2025. AGFG is the management company for the Florida Insurance Guaranty Association (FIGA) and the Florida Workers Compensation Insurance Guaranty Association (FWCIGA). The detailed scope of security assessment services is included in the Invitation to Negotiate document. Parties must submit responses in accordance with the procedures within the Invitation to Negotiate. The Invitation to Negotiate opened on February 11, 2025. The deadline for submitting written questions for the Invitation to Bid is February 28, 2025. The deadline for submitting a bid response is March 10, 2025, at 11:59 pm EST.

Interested parties and questions related to the solicitation and submission of proposals should be addressed to:

Susan Ferguson
Procurement Officer
American Guaranty Fund Group
P.O. Box 15159
Tallahassee, FL 32317
sferguson@agfgroup.org

2023 Assessable Premium Data Call

Although no assessment was requested on 2023 premium, the FWCIGA must comply with various reporting requirements and therefore requests that each member complete the 2023 Assessable Premium Data Call remittance form using calendar year 2023 premium information.

The 2023 Assessable Premium Data Call will be distributed this week via DocuSign and should be reviewed, completed, and signed by November 30th, 2024. A sample of the remittance form that will be distributed via DocuSign is linked below for your reference. Remittance of the document via the DocuSign platform is required. Any additional questions regarding the data call can be directed to (850) 386-9200 or emailed to Assessments@agfgroup.org.

FWCIGA 2023 DATACALL REMITTANCE FORM SAMPLE

 

Arrowood Indemnity Company

Insolvency Date: 11/8/2023
NAIC Number: 24678
The State Of Delaware has issued a Liquidation Order on 11/8/2023 for Arrowood  Indemnity Company. This liquidation order will trigger the Florida Workers Compensation Insurance Guaranty Association along with a number of State Guaranty Associations throughout the county. The Delaware Receiver is beginning the process of transferring Covered claims. But until that is completed the Delaware Receiver has been given the courts approval to continue worker’s compensation benefits so that injured employees continue to receive their respective benefits based on the different states Worker’s Compensation statutes.

Below are the main contacts for the Delaware Receiver.  They will be able to answer your questions for now. You should not have any interruptions in your current benefits.

James J. Black, III
Black & Gerngross, PC
Telephone: (215) 636-1650
Telecopier: (215) 636-0268
jblack@blackgern.com

Gene T. Reed, Jr.
Deputy Receiver
Rehabilitation & Liquidation Bureau
704 King Street, Suite 602
Wilmington, De 19801
(302) 577-1211
gtreed@delrlb.com

RFP for Investment Services Update

12.12.2023 UPDATE: Thanks to all that submitted a response to our Request for Proposal for Investment Services.  We’ve received 17 great proposals, more than anticipated.  The Contract for Services has not been awarded yet. 

Our planned review window was a bit aggressive with the Holidays and considering the number of responses received to have the review completed by our December Board meeting.  Staff agrees we need to expend the review deadline to January 31, 2024 to complete a thorough review on each proposal that they deserve.  The proposals and recommendations will be presented to the FWCIGA Board at our spring meeting 2024 (usually April – May timeframe) for decision. We apologize for the delay but wanted to be fair in our reviews and not rush.

Questions from potential responses were submitted according to the instruction in the RFP.   The written questions and responses are linked below:

2023 FWCIGA RFP Questions and Responses

The deadline for submitting RFP proposals was October 20, 2023 [5:00pn EST]. Questions related to the RFP and submission of proposals should be addressed to:

Liz Frisbie, Controller
American Guaranty Fund Group
PO Box 15159
Tallahassee, FL 32317
(850) 523‐1820
lfrisbie@agfgroup.org

2022 Assessable Premium Data Call

Although no assessment was requested on 2022 premium, the FWCIGA must comply with various reporting requirements and therefore requests that each member complete the 2022 Assessable Premium Data Call remittance form, using calendar year 2022 premium information. The data call is also conducted to determine the FWCIGA’s premium base for assessment purposes.

The 2022 Assessable Premium Data Call will be distributed on November 1st, 2023 via DocuSign and should be reviewed, completed, and signed by November 30th, 2023.

A sample of the remittance form that will be distributed via DocuSign is below for your reference. Remittance of the document via the DocuSign platform is required. Any additional questions regarding the data call can be directed to (850) 386-9200 or emailed to Assessments@agfgroup.org.

2022 Assessable Premium Data Call Remittance

RFP for Investment Services

The Florida Workers’ Compensation Insurance Guaranty Association (FWCIGA) is seeking registered Investment Advisors (as defined and regulated by the Securities and Exchange Commission, “SEC”) interested in serving as an Investment Manager for FWCIGA externally managed funds. FWCIGA is expected to use its externally managed funds to pay policyholder claims in the event of insolvencies.

The objective of this RFP process is to evaluate proposing entities’ capabilities that will enable the FWCIGA to select an investment manager(s) for providing services described herein. The selection of a successful respondent and the execution of an agreement will be accomplished in accordance with Part V of Chapter 631, Florida Statutes, and the FWCIGA Plan of Operation.

The detailed scope of this RFP process is linked below:
2023 FWCIGA RFP for Investment Services

The deadline for submitting written questions regarding the RFP is October 6, 2023 [5:00pn EST]. The deadline for submitting RFP proposals is October 20, 2023 [5:00pn EST].

Questions related to the RFP and submission of proposals should be address to:
Liz Frisbie, Controller
American Guaranty Fund Group
PO Box 15159
Tallahassee, FL 32317
(850) 523‐1820
lfrisbie@agfgroup.org

FWCIGA Annual Surcharge Reconciliation Update

The Annual Surcharge Reconciliation Affidavit related to the FWCIGA 2020 Assessment has been postponed to May 1, 2023. Member insurers will receive the annual DocuSign form via email on May 1, 2023 with a reporting deadline of May 31, 2023.

This will serve as a true-up of all activity through 12.31.2022 related to policies incepting during the Assessment Year (01.01.2020 – 12.31.2020).

Please forward this important notification to the appropriate parties in your organization. If you have questions or concerns, please contact us at Assessments@AGFGroup.org.

2021 FWCIGA Assessable Premium Data Call

Although no assessment has been requested on the 2021 premium, the FWCIGA must comply with various reporting requirements and therefore requests that each member complete the 2021 Assessable Premium Data Call remittance form, using calendar year 2021 premium information, and submit it via the DocuSign form provided by FWCIGA within thirty (30) days of receipt of form. The data call is conducted to determine the FWCIGA’s premium base for assessment purposes. 

A read-only copy of the remittance form distributed via DocuSign is below for your reference. Remittance of the document via the DocuSign platform is required. The Data Call remittance form should be reviewed, completed, and signed by August 31, 2022. Questions regarding the form can be directed to (850) 386-9200 or https://fwciga.org/contactus/.

 

2021 Assessable Premium Data Call Remittance

2020 Assessable Premium Data Call Update

The Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) has decided not to perform an annual data call for the 2020 calendar year since Members already report premium for the same period as part of the Assessment Reporting and Remittance process. If you have any questions, please contact FWCIGA at (850) 386-9200.