Florida’s insurers are breathing easier after the state’s high court ruled that the workers’ compensation law bars injured workers from seeking additional benefits in civil court. The Florida Supreme Court recently handed down a ruling in a case (Morales v. …
Florida’s workers’ compensation market remains competitive and well-capitalized, with loss ratios that are among the lowest among larger states, according to the latest report from the state’s insurance regulator. At the same time, the report warns that several court cases …
Florida Insurance Commissioner Kevin McCarty issued an order on Wednesday notifying the National Council on Compensation Insurance (NCCI) that its proposed 3.3 percent overall decrease in workers’ compensation rates in Florida as filed has been disapproved. NCCI, which files on …
Florida’s workers’ compensation insurers rating agency says its request for a 3.3 decrease in rates reflects a stable market, although it cautioned that pending court cases could severely impact the state’s system. The National Council on Compensation Insurance initially filed …
AmTrust Financial Services has closed its purchase of a workers’ compensation insurer—a subsidiary of Blue Cross & Blue Shield of Florida (Florida Blue)—right according to plan. AmTrust isn’t disclosing its purchase price of Comp Options Insurance Co., but the New …
Florida’s Office of Insurance Regulation announced it received the 2015 Florida workers’ compensation rate filing by the National Council on Compensation Insurance (NCCI), which proposes a statewide average rate decrease of 2.5 percent — the first decrease in four years. …
A Florida circuit court judge has ruled that the state’s workers’ compensation law is unconstitutional because it no longer provides adequate benefits to injured workers giving up their right to sue. Florida 11th Circuit Court Judge Jorge Cueto handed down …
Workers from a Naples, Fla. vegetable and fruit packing plant were headed back to court to face charges related to alleged workers’ compensation fraud. The case stems from the raid of a packing plant where more than 100 workers were …
Florida CFO Jeff Atwater announced the arrests of nine men as a result of a two-day undercover operation in Manatee County focusing on unlicensed contractors that failed to provide workers’ compensation insurance. State investigators with the Division of Insurance Fraud …
The average cost per claim of outpatient hospital care for injured workers in the Florida workers’ compensation system continued to grow rapidly and was a main driver of growth in medical payments per claim in the state, according to a …
