Florida workers’ compensation News

Federal Tax Cuts Spur 1.8% Decrease in Florida Workers’ Comp Rates

The Florida Office of Insurance Regulation (OIR) has approved a 1.8 percent rate decrease for workers’ compensation insurance in Florida. The decrease was filed by the National Council on Compensation Insurance (NCCI) in a law-only filing resulting from the effects …

Florida Gov Signs Bill Giving Workers’ Comp Benefits to First Responders

Florida will expand workers compensation benefits so first responders can get coverage for post-traumatic stress disorder. Gov. Rick Scott on Tuesday signed the bill March 27 that allows firefighters, paramedics, and law-enforcement officers to get PTSD treatment even if they …

Florida Workers’ Comp Legislative Update: First Responder Benefits In, Attorney Fees Out

After two high-profile Florida Supreme Court cases threatened to significantly impact workers’ compensation rates in Florida in 2016, many insurance industry experts anticipated quick legislative action in 2017. But, because of conflicting bills in the House and Senate, the 2017 …

Florida Approves Workers’ Comp Rate Decrease of Nearly 10%

Florida Insurance Commissioner David Altmaier has issued a final order granting approval to the National Council on Compensation Insurance (NCCI) for a statewide overall rate level decrease of 9.5 percent and premium level decrease of 9.8 percent. This applies to …

Florida Orders Workers’ Comp Rate Decrease of 9.8%

Florida Insurance Commissioner David Altmaier has ordered a statewide overall workers’ compensation rate decrease of 9.8 percent, a slightly higher decrease than the 9.6 percent decrease filed by the National Council on Compensation Insurance (NCCI) back in August. Altmaier’s order …

Florida Workers’ Comp Rate Hearing Scheduled for Oct. 18

The Florida Office of Insurance Regulation (OIR) will conduct a public hearing to discuss the National Council on Compensation Insurance’s (NCCI) proposed overall statewide average workers’ compensation premium decrease of 9.6 percent on Oct. 18 at 1:00 pm EST. The …

Florida Workers’ Comp Premiums Going Down? NCCI Files for 9.6% Decrease

Just under a year since Florida workers’ compensation rates shot up by 14.5 percent, Florida businesses may get some relief in their workers’ comp premiums. The National Council on Compensation Insurance (NCCI) has recommended to Florida regulators an overall premium …

Florida Court Approves Workers’ Compensation Ratemaking Process

A Florida appeals court has rejected a trial court’s finding that the process for determining workers’ compensation rates used by a rating organization and state insurance regulators violated the state’s Sunshine Law. The decision means that a 14.5 percent workers’ …

Florida Fails to Pass Workers’ Compensation Reform

Florida businesses shouldn’t expect relief for workers’ compensation rates, this year at least. The Florida Legislature failed to pass legislation this session addressing 2016 decisions by the Florida Supreme Court that sent the state’s workers’ comp system into disarray and …

Florida Workers’ Comp Reform Battle Far From Over

Several bills addressing changes to Florida’s workers’ compensation system were filed this legislative session in response to court decisions from the state’s high court in 2016, but it remains to be seen which, if any, will make it through. So …