The 2023 Florida Statutes (including Special Session C)

Title XXXVII
INSURANCE

Chapter 624
INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS

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F.S. 624.4414

624.4414 Employer participants’ liability.—

(1) The liability of each employer participant for the obligations of the multiple-employer welfare arrangement shall be individual, several, and proportionate, but not joint, except as provided in this section and s. 624.4415.

(2) Each employer participant shall have a contingent assessment liability pursuant to s. 624.4415 for payment of actual losses and expenses incurred while the policy was in force.

(3) Each policy issued by the arrangement shall contain a statement of the contingent liability. Both the application for insurance and policy shall contain, in contrasting color and not less than 10-point type, the following statement: “This is a fully assessable policy. In the event the arrangement is unable to pay its obligations, policyholders (employers) will be required to contribute on a pro rata earned premium basis the money necessary to meet any unfilled obligations.”

History.—ss. 3, 5, ch. 88-116; ss. 184, 187, 188, ch. 91-108; s. 4, ch. 91-429.

F.S. 624.4414 on Google Scholar

F.S. 624.4414 on Casetext

Amendments to 624.4414

Arrestable Offenses / Crimes under Fla. Stat. 624.4414

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 624.4414.

Annotations, Discussions, Cases:

Cases from cite.case.law:

In INTERNATIONAL FORUM OF FLORIDA HEALTH BENEFIT TRUST, a ACTRON CONTRACTORS EQUIPMENT, v. SOUTH BROWARD HOSPITAL DISTRICT, a d b a Dr. St. s, 607 So. 2d 432 (Fla. Dist. Ct. App. 1992)

. . . certificate of authority before October 1, 1988, the arrangement shall comply with this section and s. 624.4414 . . . Section 624.4414(3) requires each policy to contain a statement of the assessment liability. . . . Appellants next claim in issue VII that even if the assessment is proper, Séction 624.4414(2) limits . . . The phrase in Section 624.4414(2) that imposes assessment liability on employers for “payment of actual . . . See Section 624.4414(2), supra issue III, at page 438. . . .