Quick Links
- General Laws Conversion Table (2023) [PDF]
- Florida Statutes Definitions Index (2023) [PDF]
- Table of Section Changes (2023) [PDF]
- Preface to the Florida Statutes (2023) [PDF]
- Table Tracing Session Laws to Florida Statutes (2023) [PDF]
- Index to Special and Local Laws (1971-2023) [PDF]
- Index to Special and Local Laws (1845-1970) [PDF]
- Statute Search Tips
2022 Florida Statutes (including 2022C, 2022D, 2022A, and 2023B)
SECTION 4414
Employer participants’ liability.
Employer participants’ liability.
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.