Florida Statute 624.4415 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XXXVII
INSURANCE

Chapter 624
INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS

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F.S. 624.4415

624.4415 Assessments.—

(1) All multiple-employer welfare arrangements shall provide that employers are assessable in accordance with this section.

(2) Each multiple-employer welfare arrangement may assess all employers if its prior fiscal year statement of operations reflected a loss.

(3) Each multiple-employer welfare arrangement shall assess all employers if the arrangement’s fund balance at the end of any accounting period is less than the fund balance required by statute.

(4)(a) The minimum assessment shall be the amount necessary to comply with the requirements of s. 624.4392. Each employer’s assessment shall be computed by applying the earned premium for each employer’s plan of benefits during the prior fiscal year as a percent of the amount of the total of all employers’ earned premium for the same year. Each employer’s assessment shall be that employer’s percent times the total assessment levied.

(b) In the event members fail to pay assessments, the other members shall be liable on a proportionate basis for an additional assessment.

(c) The multiple-employer welfare arrangement, acting on behalf of all members who paid the additional assessment, shall institute legal action, when necessary and appropriate, to recover the assessment from the members who fail to pay their assessment.

History.—ss. 4, 5, ch. 88-116; ss. 32, 187, 188, ch. 91-108; s. 4, ch. 91-429.

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Amendments to 624.4415

Arrestable Offenses / Crimes under Fla. Stat. 624.4415

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

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 624.4415.

Annotations, Discussions, Cases:

Cases Citing Statute 624.4415

Total Results: 2

In Re Intern. Forum of Fla. Health Ben. Tr.

Court: Fla. Dist. Ct. App. | Date Filed: 1992-09-17T00:53:00-07:00

Citation: 607 So. 2d 432

Snippet: an assessment against appellants under Section 624.4415, Florida Statutes (1989). Appellants challenge…positive net worth. On October 1, 1988, Section 624.4415 became effective,[2] providing that MEWAs would…contingent assessment liability pursuant to s. 624.4415 for payment of actual losses and expenses incurred…incurred while the policy was in force. Section 624.4415(2) provides: For those multiple-employer welfare…after October 1, 1989. On the contrary, Section 624.4415(5)(d) provides: The department shall have the

Appeal of Actron Contractors Equipment v. South Broward Hospital District

Court: Fla. Dist. Ct. App. | Date Filed: 1992-09-17T00:00:00-07:00

Citation: 607 So. 2d 432, 1992 Fla. App. LEXIS 9999

Snippet: an assessment against appellants under Section 624.4415, Florida Statutes (1989). Appellants challenge…positive net worth. On October 1, 1988, Section 624.4415 became effective,2 providing that MEWAs would …contingent assessment liability pursuant to s. 624.4415 for payment of actual losses and expenses incurred…incurred while the policy was in force. Section 624.4415(2) provides: For those multiple-employer welfare…after October 1, 1989. On the contrary, Section 624.4415(5)(d) provides: The department shall have the