Sandra Robinson, Executive Director

* - 1) Net Direct Premium on line 16; 2) Large Deductible Credits reported to FWCIGA on Exhibits, and 3) excess Workers' Comp premium reported on line 33.

Assessment Recoupment Provision - Rates & Premiums

Assessment Procedures - The FWCIGA assesses by account.  The maximum assessment is 1.5% for self insurance funds and 2% for carriers.

This includes all WC premium as reported on line 16, column 1 of the Annual Statement, Exhibit of Premium and Losses as well as any Excess WC premium write-ins less dividends paid as reported on line 16, column 3.  Also added into the premium assessable by FWCIGA are any “Premium discounts or credits for deductibles on policies written in 2004.  This last item increased our assessment base as of 7/1/2004 per a change in Florida statutes.