The Florida Office of Insurance Regulation Takes Action on Workers’ Compensation Insurance Rates
Tallahassee, FL – After a thorough review of the workers’ compensation insurance rate filing submitted by the National Council on Compensation Insurance (NCCI) and careful consideration of hundreds of public comments and testimony received from interested stakeholders, the Florida Office of Insurance Regulation (Office) has issued an Order (PDF) that gives contingent approval to an […]
The Florida Supreme Court recently made two separate rulings that have triggered a monumental reform of Florida’s Workers’ Compensation Laws and Rates.
As some of you may be aware, the Florida Supreme Court recently made two separate rulings that have triggered a monumental reform of Florida’s Workers’ Compensation Laws and rates. The recent rulings will reverse the 60% rate decrease we’ve experienced since 2003. What does this mean for your company? A proposed rate increase of 19.6% […]