JUA to Review Downgraded Bonds

The Florida Workers' Compensation Joint Underwriting Association (FWCJUA) has scheduled a meeting of its investment panel Monday to review its portfolio of bond investments, including holdings in bankrupt investment house Lehman Brothers.FWCJUA has scheduled a teleconference meeting of its Investment Committee for 10 a.m. (EST) on Monday to look specifically at bonds the residual carrier holds in Lehman Brothers, Home Depot, Anheuser Busch, and Vulcan Materials.The carrier's board of governors on December 9 confirmed an FWCJUA policy allowing the carrier to maintain a total of four bon...