Division of Administrative Hearings, Florida
Filed: Jul. 01, 2016
At issue in this proceeding is whether Payroll Management, Inc. (“PMI”), a former self-insurer, should be required to increase its qualifying security deposit with the Florida Self- Insurers Guaranty Association, Inc. (“FSIGA”), from $5,144,108 to $7,434,705, as directed by the Department of Financial Services, Division of Workers’ Compensation (the “Department”).Petitioner failed to establish that the Department's acceptance of FSIGA's security deposit recommendation was erroneous.