Florida workers’ compensation News

Commentary: Challenge to NCCI Rating Process Could be Significant for Florida

A Florida court’s review of workers’ compensation rating procedures by the National Council of Compensation Insurance (NCCI) could have a substantial impact on the State. The case, Fee v. Florida Office of Insurance Regulation, NCCI, is currently being weighed by …

Court Rules Florida Workers’ Comp Rate Hike to Remain, For Now

Florida’s workers’ compensation rate increase of 14.5 percent will remain in effect while a Florida appeals court reviews a legal challenge to the state’s recent ratemaking process. The First District Court of Appeals granted an extension to the stay issued …

Top Florida Stories of 2016: Workers’ Comp Market in Turmoil

It’s been a tumultuous year for the Florida insurance industry. It would seem the biggest story would be the end of Florida’s hurricane drought as the state got hit by not one, but two hurricanes this year, the first hurricanes …

Florida Appeals Judge’s Order Halting 14.5% Workers’ Comp Rate Increase

The Florida Office of Insurance Regulation (OIR) is appealing a court order invalidating its approved 14.5 rate increase on Florida workers’ compensation rates that was set to take effect Dec. 1. OIR filed its Notice of Appeal on Nov. 28 …

Judge Halts Florida’s 14.5% Workers’ Compensation Hike Set for Dec. 1

A Florida circuit judge has blocked a 14.5 percent workers’ compensation rate increase due to go into effect Dec. 1 after finding that the insurers’ rating organization and state officials did not comply with the state’s Sunshine Laws and open …

NCCI Seeks to Raise Florida Workers’ Comp Rates by 17% in Light of Court Ruling

Florida businesses could soon be paying almost 20 percent more for workers’ compensation coverage. In response to a recent decision from the Florida Supreme Court, the National Council on Compensation Insurance (NCCI) filed a 17.1 percent rate increase with the …

Florida Braces for Rate Hikes, Litigation Due to Workers’ Compensation Fee Ruling

The Florida Supreme Court’s ruling that the state’s current attorney fee limits are unconstitutional will have serious ramifications on the workers’ compensation market in the state, according to Florida Insurance Commissioner Kevin McCarty and other workers’ compensation experts. Those ramifications …

Florida Supreme Court Finds Attorney Fee Schedule Unconstitutional; Passes on Other Key Workers’ Comp Case

The Florida Supreme Court has ruled that the state’s mandatory attorneys’ fee schedule for workers’ compensation cases is unconstitutional under both Florida’s and the U.S. constitution as a violation of due process. The state’s top court also declined to rule …

Report: Florida’s Workers’ Comp Market Still Strong but Uncertainty Remains

The latest workers’ compensation report from Florida’s insurance regulator says the state’s workers’ compensation market remained competitive and well capitalized in 2014, but reforms put in place by state lawmakers in 2003 may have reached their maximum effectiveness. Findings and …

Florida Issues Final Order for NCCI to Decrease Workers’ Comp Rates by 4.7%

The Florida Office of Insurance Regulation (OIR) has approved an overall decrease of 4.7 percent in workers’ compensation insurance rates in Florida. Following the disapproval of its original rate filing request, the National Council on Compensation Insurance (NCCI) submitted additional …