By Torben Madson, Deputy General Counsel of FAPEO
The Division of Workers’ Compensation has been monitoring the coverage progress with PEOs subsequent to the collapse of GIC. Due to the low percentage of policies in place and the pending deadline of 12/26/17 for replacement coverage to be put in place, the Division felt that it had no choice but to send this letter.
The letter is attached to alert you to the issue and to prepare you for the calls that you are likely to receive from your customers.
You may contact me with any questions.