Hartford, Conn.-based
Under the agreement, The Hartford will issue refunds or credits totaling $48.2 million to Florida businesses for excess profits it earned on its workers’ compensation policies for accident years 2004, 2005 and 2006. The Hartford has 60 days from the date of the agreement to provide refunds or renewal credits and to provide documentation of its compliance.
“During these tough economic times, Florida businesses will receive a very significant and important return of premium,”