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The Florida Office of Insurance Regulation has approved a statewide overall rate level decrease of 13.8 percent for workers’ compensation insurance rates. The approval applies to new and renewal workers’ compensation insurance policies effective as of January 1, 2019. The National Council on Compensation Insurance submitted a rate filing in late summer providing for a […]
Florida’s First District Court of Appeal reversed a Leon County circuit judge’s order in its entirety and sided with the National Council on Compensation Insurance (NCCI) and the Florida Office of Insurance Regulation (OIR) in upholding a 14.5% workers’ compensation rate increase. NCCI submitted rate filings to OIR responding to Florida Supreme Court decisions invalidating […]
