There is a reason so many insureds go to PEOs in the state, who only further screw them over by them losing their experience modifiers.
It being a “rate state” and one where cost increases are heavily politicized has made the state toxic to do business in.
On the other hand, Guarantee’s fortunes, and that of their parent company, are as a result of piss-poor underwriting, poor loss reserves, and outright thievery by their CEO.
We shall see how much longer the carriers continue to write the PEO’s in the State. The options of carriers is about to run out, as the PEO’s have crushed multiple carriers.
Gee, Bias, one would think you had personal experience dealing with them. Good idea is to check a company out thoroughly before placing business with them.
Sadly, Guarantee will not be the last Florida Work Comp insurer to go down the tubes. Keep writing garbage and these things will keep happening.
There is a reason so many insureds go to PEOs in the state, who only further screw them over by them losing their experience modifiers.
It being a “rate state” and one where cost increases are heavily politicized has made the state toxic to do business in.
On the other hand, Guarantee’s fortunes, and that of their parent company, are as a result of piss-poor underwriting, poor loss reserves, and outright thievery by their CEO.
We shall see how much longer the carriers continue to write the PEO’s in the State. The options of carriers is about to run out, as the PEO’s have crushed multiple carriers.
Gee, Bias, one would think you had personal experience dealing with them. Good idea is to check a company out thoroughly before placing business with them.