Workers Compensation

Florida Grocers Association's new Members Comp Dividend workers’ compensation program.

This program is being offered through AmTrust North America - Florida, ranked the #1 workers’ compensation insurance company in Florida. This program is not available directly through AmTrust, but exclusively through FGA’s agency – FRF Benefits. FGA and FRF Benefits have created an exclusive workers’ compensation partnership program with AmTrust that provides Florida Grocers Association members with:

  • An “A” rated carrier
  • 20% dividend eligible on accounts from $750 annual audited premium
  • Coverage not limited to Florida employees
  • Wide range of class codes available

Potential Maximum Dividend

Incurred Loss Ratio Maximum Dividend
0% 20%
1-5% 17%
6-15% 15%
16-20% 13%
21-30% 12%
31-40% 10%
Over 40% None
Dividends cannot be guaranteed under Florida law and are at the discretion of the Board of Directors. The above exhibit illustrates the potential maximum dividend payable under this program. This dividend only applies to premium and losses in Florida. Minimum audited discounted premium of $750.