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Florida DWC Adopts Loss Data And Civil Penalties Rules

02 Feb, 2012 WorkersCompensation.com

                               Tampa, FL (WorkersCompensation.com) - The Florida Department of Financial Services, Division of Workers' Compensation announces that Rule 69L-5.205 (Loss Data Reporting), F.A.C., and Rule 69L-5.217, (Civil Penalties and Fines), F.A.C., have been adopted with an effective date of December 29, 2011. Rule 69L-5.205, F.A.C., clarifies that former self-insurers must report loss data for the final period of authorization only once. Rule 69L-5.217, F.A.C., reduces the penalties assessed against self-insurers for late filing of required forms, reports and documents.

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