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Office Appointed to Handle Insolvent Carrier's Claims

Friday, December 1, 2017 | 554 | 0 | 0 min read

All claims against insolvent Florida carrier Guarantee Insurance Co. will be handled by the New Jersey Property-Liability Insurance Guaranty Association, the Division of Workers’ Compensation says. Russell Wojtenko Jr., director and chief judge of compensation, said in a memorandum to stakeholders Wednesday that the guaranty association will appoint attorneys in all active workers’ compensation cases within the next three to four cycles. Florida Insurance Commissioner David Altmaier on Nov. 17 declared Guarantee Insurance Co. insolvent after finding the company did not have enoug...

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