HOW IS ASSOCIATION BUSINESS SERVICED?
The Association contracts with one or more insurance companies to act as Servicing Carriers. The Servicing Carrier (s) performs all policy functions including issuance of the Florida Medical Malpractice Joint Underwriting Association policy, premium accounting, settlement of claims, and miscellaneous reporting requirements, all in accordance with Florida law and Association Plan of Operations. Operations generally follow normal insurance practices. Premiums collected and invested are used to pay claims and expenses.
