January brought yet another decrease in Florida's workers' compensation rates, further ripples from the 2003 reform package and related events.
With rates under control (or, depending on your perspective, under priced), there is an opportunity to examine other components of this complex market. To that end, Florida Underwriter asked the leaders of two well-known providers to share insights on their individual markets and the industry at large.
The Florida United Businesses Association (FUBA) sponsors the Florida Citrus Business & Industries Fund. Marketed as FUBA Workers' Comp, it provides coverage for a range of businesses through approved independent agent agreements. The fund currently has over 4,000 policyholders and over $20 million in annual premium; minimum premium is $1,000. Tom Stahl recently observed his 20th year as executive director of FUBA.
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