Florida Self Insured Employers Get WC Refund

The trustees of the Florida Retail Federation Self Insurers Fund announce that $1 million in workers' compensation insurance premium will be returned to qualified members for the 1999 policy period. The return of premium is a reward for members who successfully reduced the number and severity of workplace accidents, thus reducing their workers' compensation costs. The $1 million will be distributed on October 31, 2001. The fund is the largest group self-insurance fund in Florida, with a surplus of more than $24 million as of June 30, 2001. Its average loss ratio for the past eight year...