After the establishment of workers’ compensation law in 1935, Florida made significant changes to the workers comp system during the 1950′s and through the 1970′s. Read more about this early history here…
Workers’ compensation is dictated by state governments and each one has its own variation of workers’ compensation laws. The Florida legislature enacted the first workers comp act in 1935. Read more here…
As workers compensation insurance celebrates 100 years, we encourage our clients and readers to reflect on the history of this coverage and the implications of the Great Trade-Off. In 2008, some students from Nimitz High in Houston Texas put together the following video for the 2008 National History Day. It gives a good overview of [...]
In 2011, we celebrate the workers compensation insurance system as it reaches its centennial mark in the United States. The workers comp system was born in 1911 when nine states began adopting laws requiring companies to compensate workers for on-the-job injuries in exchange for workers foregoing their right to sue. Employers Mutual Liability Insurance Company [...]
When a workers comp insurance carrier in the state of Florida becomes insolvent, the Florida Workers’ Compensation Insurance Guaranty Association (FWCIGA) evaluates the claims and pays benefits to the injured employees. Fees are assessed from other insurance carriers and self-insured funds throughout the state.
Workers compensation is unique in that it is the only type of insurance that does not describe the terms of coverage in the policy documents, but those terms are defined in the state statutes. There are other unusual characteristics of the coverage that are described in this article.
Many businesses view insurance as a ‘necessary evil’ and do not understand the advantages they receive when purchasing a required insurance policy such as workers’ compensation. Workers comp insurance is a great example because it is mandated by state governments, and Florida businesses are required by law to provide the benefits listed in the state [...]