Joe wrote a policy through the Florida Automobile Joint Underwriting Association, and the company issued the policy. What is the company issuing the policy called?

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Prepare for the Florida Claims Adjuster (6-20) Test. Use flashcards and multiple choice questions, with hints and explanations for each question. Ace your exam!

Multiple Choice

Joe wrote a policy through the Florida Automobile Joint Underwriting Association, and the company issued the policy. What is the company issuing the policy called?

Explanation:
In the Florida auto assigned risk program, the policy written through the Florida Automobile Joint Underwriting Association is issued by a servicing carrier. This means the insurer that actually issues the policy to the insured and handles ongoing servicing—billing, endorsements, renewals, and claims—for that policy is the servicing carrier. The program relies on member insurers to participate, but the entity issuing and servicing the policy to the driver is the servicing carrier, not a separate “standard” or “non-standard” carrier.

In the Florida auto assigned risk program, the policy written through the Florida Automobile Joint Underwriting Association is issued by a servicing carrier. This means the insurer that actually issues the policy to the insured and handles ongoing servicing—billing, endorsements, renewals, and claims—for that policy is the servicing carrier. The program relies on member insurers to participate, but the entity issuing and servicing the policy to the driver is the servicing carrier, not a separate “standard” or “non-standard” carrier.

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