{"data":{"id":"us-fl/fla.-stat.-624.4414","jurisdiction":"us-fl","citation":"Fla. Stat. § 624.4414","heading":"Employer participants’ liability.","body":"(1) The liability of each employer participant for the obligations of the multiple-employer welfare arrangement shall be individual, several, and proportionate, but not joint, except as provided in this section and s. 624.4415.\n(2) Each employer participant shall have a contingent assessment liability pursuant to s. 624.4415 for payment of actual losses and expenses incurred while the policy was in force.\n(3) Each policy issued by the arrangement shall contain a statement of the contingent liability. Both the application for insurance and policy shall contain, in contrasting color and not less than 10-point type, the following statement: “This is a fully assessable policy. In the event the arrangement is unable to pay its obligations, policyholders (employers) will be required to contribute on a pro rata earned premium basis the money necessary to meet any unfilled obligations.”\nHistory.—ss. 3, 5, ch. 88-116; ss. 184, 187, 188, ch. 91-108; s. 4, ch. 91-429.","path":["TITLE XXXVII INSURANCE","CHAPTER 624 INSURANCE CODE: ADMINISTRATION AND GENERAL PROVISIONS"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0624/0624.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:10:43Z","sha256":"b6a3d88b000f81491a34fcddd5ec3cad96214801b38eba72e025aee3d14eb303","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-624.4412","next":"us-fl/fla.-stat.-624.4415"},"notice":"GroundRules: Original legal text. Not legal advice."}