About 13,000 Florida employers, some of which may no longer be in business, will soon be in line for almost $28 million in premium refunds from the workers' compensation insurer of last resort.
The state's chief financial officer announced Wednesday that the Florida Workers' Compensation Joint Underwriting Association is refunding $6.4 million for policy year 2013 and $21.2 million for years 2001-2007 and 2012.
“This is how the system is supposed to work,” said Florida CFO Jimmy Patronis, whose office oversees the workers' compensation system.
“When we...
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