Category: Media

On November, 13, 2020, the FWCIGA Board of Directors met and discussed 2020 assessment cash flow impacts and future assessment needs.  After deliberations, the Board determined the cash position to be adequate and no additional assessment is needed after the current 2020 assessment levy expires December 31, 2020.  All new and renewal policies issued (incepting) effective January 1, 2021 are not subject to an assessment, nor surcharge.

The 2020 FWCIGA assessment covers new and renewal policies issued (incepting) from January 1^st through December 31^st 2020. Through September 30, 2020, FWCIGA has collected over $29M in assessment surcharges from its members.  Premiums and adjustments relating to the 2020 policies, whether collected or adjusted in 2020 or during the three following years, are part of the 2020 assessment process and will require ongoing remittance and reporting.

If you have any further questions, please do not hesitate to contact us at (866) 909-9200 or send us a comment at https://fwciga.org/contactus/.

The Florida Workers’ Compensation Insurance Guaranty Association (“FWCIGA”) has an important announcement concerning the status of the 2019 Premium Data Call.  In prior years, a data call was conducted annually to determine the premium base for possible future assessments.  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.   Given that FWCIGA is already collecting 2020 premium information, we decided not to conduct a premium data call for the 2019 calendar year.  If you have any questions, please contact FWCIGA at (850) 386-9200.

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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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.

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.

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During its 2016 session the Florida Legislature amended the FWCIGA assessment process.
The notice below was sent to member companies notifying them of the change.  Additionally, the frequently asked questions document below was developed for further clarification and will be periodically updated.

Member Letter

Assessment Frequently Asked Questions

Feel free to contact us using the “Contact Us” tab if you have any additional questions.

Effective January 24, 2018, Insurance Company of the Americas (“ICA”) 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 submit inquiries to the Florida Receiver at Consumer.Services@myfloridacfo.com or by calling (850) 413-3081 or toll free at 1-800-882-3054.  New Claims should be sent to Rehab.ClaimsServices@myfloridacfo.com.

For non-claim related questions regarding the receivership, consumers are asked to contact the Receiver by email at Consumer.services@myfloridacfo.com or by calling (850) 413-3081 or toll free at 1-800-882-3054.  Additional information regarding the receivership process is available on the Florida Receiver’s website, www.myfloridacfo.com/division/receiver.

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 claimreporting@usis-tpa.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.

Lumbermens Underwriting Alliance

Effective May 23, 2016, Lumbermens Underwriting Alliance (“LUA”) was ordered into receivership for the purposes of liquidation by the Circuit Court of Cole County, Missouri.  Bruce Baty of Dentons U.S. LLP was appointed Special Deputy Receiver of LUA.

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 claim for workers’ compensation benefits.  Claims made under the employers’ liability portion of the workers’ compensation policy is 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.

Claimants who need to check on the status of an existing claim should call FWCIGA’s third party administrator, North American Risk Services (“NARS”) at (800) 315-6090 (toll free).  Policyholders who need to report a new claim are directed to fax the First Notice of Injury to NARS at fax number (866) 261-8507 or the First Notice of Injury can be scanned and emailed to NARS at reportaclaim@narisk.com.

Premium Refunds/Unearned Premium:

FWCIGA will pay certain unearned premium claims, in accordance with Florida Statutes, after the Missouri 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 calling (561) 994-1900 or visit their website at www.lumbermensunderwriting.com.