Florida 14.5% workers' comp rate hike upheld
A Florida appeals court has upheld a 14.5 percent rate increase
for workers' compensation coverage imposed in December by the
Florida Office of Insurance Regulation (Floir), determining that
the hike was done properly.
Today's ruling overturns a Leon County circuit judge's
finding last year that the National Council on Compensation
Insurance (NCCI), which submitted the original rate increase
request on behalf of insurers, and the Floir had failed to follow
required rate-setting procedures.
The N
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