Who oversees the Florida Workers Compensation Joint Underwriters Association (FWCJUA)?

The Florida Workers Compensation Joint Underwriters Association (FWCJUA) is overseen by the Florida Department of Insurance. This organization was created to provide workers' compensation coverage to employers who are unable to obtain insurance through the voluntary market. The Florida Department of Insurance is responsible for regulating the insurance industry within the state, including the operations and compliance of entities like the FWCJUA.

The other organizations mentioned, while relevant in the insurance and financial landscape of Florida, do not directly oversee the FWCJUA. The Florida Board of Governors primarily manages the state’s university system, while the Department of Financial Services is more focused on financial services and regulations overall. The Florida Workers Compensation Administration specifically deals with the implementation and compliance of workers' compensation laws but does not take on the oversight role of the FWCJUA. Understanding this oversight structure is crucial for those in the insurance field, especially when dealing with workers' compensation issues.