Florida Insurance Commissioner David Altmaier has issued a final order granting approval to the National Council on Compensation Insurance (NCCI) for a statewide overall decrease of 7.5% for Florida workers’ compensation insurance rates. This applies to both new and renewal workers’ compensation insurance policies effective in Florida as of Jan. 1, 2020.
Actuaries with the Florida Office of Insurance Regulation are reviewing with a fine-tooth comb a proposed 9.6 percent decrease to workers’ compensation insurance rates put forth by the National Council on Compensation Insurance (NCCI). NCCI made an official presentation to the state’s insurance regulatory agency and the public Oct. 18 in Tallahassee. NCCI is an […]
Guest Opinion Florida’s extraordinary tradition of open government is founded on the simple but essential concept that the people have a right to know how and why the government makes decisions on their behalf. After all, it’s our government. So when a government action stems from a process shrouded in secrecy, we have a right not […]
The Florida Office of Insurance Regulations (FLOIR) approved a 14.5 percent rate increase for workers’ compensation insurance Tuesday, Sept. 27 raising costs for business owners across the state. The most recent filing by the National Council on Compensation Insurance (NCCI), the company approved to assess and make recommendations to the FLOIR on costs of worker’s […]