Fla. Pumping Millions Into Comp JUA
NU Online News Service, May 7, 2:24 p.m. EDT?An insurance trade group said they are hopeful that recently passed legislation in Florida will fix the woes of the Joint Underwriting Authority, which provides workers' compensation coverage for difficult risks.[@@]
JUA wound up in a financial crunch after last year's round of legislative tinkering with the state's workers' compensation system, said William Stander, regional manager for the Property Casualty Insurers Association of America. Mr. Stander said Gov. Jeb Bush is expected to sign the legislation into law.
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