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Florida: Division clarifies loss data reporting
The Division of Workers' Compensation proposed to amend a rule clarifying that former self-insurers must report loss data for the final period of authorization only once.
The proposed amendments reduce the penalties assessed against self-insurers for late filing of required forms, reports, and documents and also recalculate penalties assessed against a self-insurer. If the self-insurer already paid the penalty to the Department of Financial Services, the department will refund the difference between the penalty paid and the new reduced penalty, unless the self-insurer owes outstanding unpaid penalties. If requested, a hearing is scheduled for Oct. 14 at 2 p.m. in room 102, Hartman Building, 2012 Capitol Circle S.E., Tallahassee. Those with questions should contact Pam Macon at pamela.macon@myfloridacfo.com. For full text of the proposed amendments, visit www.myfloridacfo.com/wc/pdf/69L-5-PR-Notice-9-8-11.pdf. Read more at the WorkersComp Forum homepage.
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