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JUA Changes Inserted in Budget Bill

Friday, May 5, 2006 | 0

Key provisions of an insurer-opposed plan to reorganize the 13-year-old Florida Workers' Compensation Joint Underwriting Association surfaced Thursday in the Legislature's proposed 2006-2007 state budget just as it appeared that the reorganization attempt would fail. Among other things, SB 2118 and a House companion bill would have used the surplus in one of the JUA's coverage plans to help retire a $12.7 million deficit in subplan D, which was created by lawmakers three ago to cover companies with 15 or fewer employees. Amid strong opposition from the Florida Insurance Council and the JU...

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