Office Orders Slightly Larger Workers’ Compensation Insurance Rate Decrease for 2019
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Florida Insurance Council - Covering Florida Since 1962
On October 14, 2018, Governor Rick Scott directed Florida Insurance Commissioner David Altmaier to take every action authorized pursuant to Executive Order 18-276 to provide additional protections to support recovery efforts as it relates to Hurricane Michael’s impact on Florida families as well as Florida policyholders. On October 15, 2018, Commissioner Atlmaier issued the following…
By: Katrina Callaway, FIC General Counsel On October 4, 2018, the Florida Division of Workers’ Compensation (DWC) held a second rule workshop on their proposed rule dealing with workers’ compensation benefits for post-traumatic stress disorder (PTSD) suffered by first responders. The rule is being proposed to implement part of legislation passed during the 2018…
The Special Disability Trust Fund, within the Department of Financial Services – Division of Workers’ Compensation, is required by Section 440.49(8)(d), Florida Statutes, to report, annually, on the status of the Fund to the Governor, the Speaker of the House of Representatives and to the President of the Senate. This report is required to be…
FOR IMMEDIATE RELEASE: August 28, 2018Contact 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 2019 Florida workers’ compensation rate filing by the National Council on Compensation Insurance (NCCI), which proposes a statewide average premium decrease of 13.4%. The…
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…
By: Katrina Callaway, FIC General Counsel The Division of Workers’ Compensation (Division) held a rule workshop on May 30, 2018 related to proposed rules for reimbursement disputes between health care providers and carriers. The reimbursement dispute rules are used by the Division to resolve disputes between workers’ compensation carriers and health care providers. By…