Lumbermens underwriting alliance florida

Indeed, if such were the case, there would be no need for statutes providing for suit as an entity. Just three years ago, author Jon Coppelman was kind enough to allow me a rebuttal to an article inferring that it was the PEO community that rendered another insurance carrier insolvent.

Of course not. Huff has been named receiver of Lumbermen's Underwriting Alliance LUAwhich allows the Director, as receiver, to take over operations of the company. While not contesting the premise that large deductibles are poorly managed in Florida and elsewherehe believes that I unfairly singled out PEOs in the blog.

Lumbermens underwriting alliance florida

Under this approach, LUA could sue as a class under Rule The language of Rule Epperson, consented to the rehabilitation judgment. The following two tabs change content below. Lumbermen's faced financial difficulty when one of its largest PEO insureds, TS Employment, failed to fully fund collateral obligations and filed Chapter 11 bankruptcy. Second, plaintiff argues that Rule This question was brought to the court's attention in LUA's motion for class certification filed April 30, Alternatively, if the membership of the association was so large that joinder was impracticable, suit could be maintained as a class action. The exclusivity of the capacity to sue or be sued as an entity provided in Section is further supported by other provisions in Chapter

Canuel, F. LUA has not asserted this argument, nor is it persuasive.

lumbermens underwriting alliance ceo

First, Section 2 is not exclusive, but simply gives an unincorporated association additional rights which it did not previously hold. Central Aguirre Sugar Co. This is a product not an industry issue. The following two tabs change content below.

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