What is the purpose of the FWCJUA?

The purpose of the Florida Workers’ Compensation Joint Underwriting Association (FWCJUA) is to provide access to workers' compensation insurance for employers who are unable to obtain coverage through the normal market. It serves as a safety net for businesses that may struggle to find adequate insurance options, ensuring that they can still meet their legal obligations to provide workers' compensation for their employees. This is particularly important for smaller employers or those in high-risk industries where securing coverage can be challenging due to higher premiums or lack of availability.

By facilitating access to necessary insurance, the FWCJUA helps maintain a safer work environment and protects both employers and employees in the event of work-related injuries or illnesses. Thus, the role it plays is crucial in the broader context of workplace safety and legal compliance in Florida.