By Lisa Morton
During a regular meeting of the Board of Trustees of the CCAISD, Frates Benefit Administrators, (FBA), was hired unanimously after a brief presentation by David Morales, of the agency. FBA provides the full spectrum of Insurance, Risk Management and Third Party Benefit Administration and services various single and multiple employer clients including school districts, municipalities, private and city owned hospitals and a variety of other industries.
In 1988, C. L. Frates and Company expanded to provide Third Party Administration services. In 2010, C. L. Frates and Company’s Third Party Administration operations began doing business as Frates Benefit Administrators and appointed Rick Franklin its CEO. On May 1, 2014, RMJP Equity, Inc., a corporation led by Franklin, purchased the assets of Frates Benefit Administrators.