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October 18, 2019 To: All Self-Insurers, Insurers, Claim Administrators, and Medical Service ProvidersFrom: Florida Division of Workers’ Compensation Subject: Notice of Three-Member Panel Meeting The Florida Department of Financial Services, Division of Workers’ Compensation announces a public meeting of the Three-Member Panel that will be held on Wednesday, October 30, 2019, beginning at 2:00 p.m.…
By: Katrina Callaway, FIC General Counsel On October 4, 2019, the Office of Insurance Regulation (OIR) held a rate hearing on NCCI’s proposed 5.4% rate decrease for workers’ compensation effective January 1, 2020. The OIR will now further review the rate filing and public testimony on it and issue a decision at a later date.…
MEDIA ADVISORY FOR IMMEDIATE RELEASE: October 1, 2019 Contact Information: Karen Kees, (850) 413-2515, press@floir.com National Council on Compensation Insurance (NCCI) Public Rate Hearing WHO: National Council on Compensation Insurance (NCCI) WHAT: The Florida Office of Insurance Regulation (OIR) will conduct a public hearing to discuss NCCI’s proposed overall statewide average workers’ compensation premium decrease…
FOR IMMEDIATE RELEASE: August 29, 2019Contact Info: Karen Kees, (850) 413-2515, Press@floir.com OIR Receives Annual Workers’ Compensation Rate Filing TALLAHASSEE, Fla. – The Office of Insurance Regulation (OIR) has received the 2020 Florida workers’ compensation rate filing by the National Council on Compensation Insurance (NCCI), which proposes a statewide average premium decrease of 5.4%. The…
By: Katrina Callaway, FIC General Counsel On August 27, 2019, the National Council on Compensation Insurance (NCCI) filed for a 5.4% rate decrease for Florida effective January 1, 2020 due, in part, to declining claim frequency and flattening claim severity. This is the third consecutive year with a rate decrease. The OIR approved a rate…
By: Katrina Callaway, FIC General Counsel During the Cabinet meeting on July 25, 2019, the Florida Cabinet, sitting as the Financial Services Commission (FSC), approved the OIR to publish changes to the rule on workers’ comp applications, primarily dealing with the sworn statement and notarization provisions in the rule. (Rule 69O-189.003) In February, the OIR…
July 8, 2019 The 2018 legislative session saw the passage of SB 376, expanding PTSD coverage for first responders, and the new law went into effect on 10/1/2018. As a result of the passage of SB 376, the Department adopted Rule 69L-3.009, F.A.C., Injuries Qualifying as Grievous Bodily Harm of a Nature that Shocks the…
By: Katrina Callaway, FIC General Counsel A rule proposed by the Division of Workers’ Compensation (Division) to implement last year’s legislation authorizing first responders to receive workers’ compensation benefits for PTSD without a physical injury was ratified after HB HB 983 was signed by the Governor. The rule takes effect on June 25, 2019, the…