FIC: WC Rate Decrease of 13.4% Proposed By NCCI
By: Katrina Callaway, FIC General Counsel On August 27, 2018, the National Council on Compensation Insurance (NCCI) filed for a 13.4% rate decrease for Florida effective January 1, 2019. Last year the OIR approved a rate decrease of 9.5%. This year’s filing is based on experience data from policy years 2015 and 2016 with the…