Market Conduct Examiner Gives JUA Favorable Marks

A draft summary of a three-year market conduct review conducted for the Florida Office of Insurance Regulation (OIR) concluded that Florida's residual carrier for workers' compensation is operating adequately in 22 areas of operation. The Jacksonville, Fla.-based accounting firm, Buttner Hammock & Co., analyzed the operations of the Florida Workers' Compensation Joint Underwriting Association (FWCJUA) for the period Jan. 1, 2003 through June 20, 2006 and made a series of recommendations for changes. But Buttner Hammock said it found no areas of operation that were inadequate or out of co...