The Florida Office of Insurance Regulation has disapproved the filing by the rating organization, which is authorized to make rate filings on behalf of workers’ compensation insurance companies in Florida, that proposed a statewide average premium decrease of 5.4%. Instead, OIR says in its order that NCCI needs to amend its August filing and resubmit with a request for a 7.5% rate decrease for new and renewal policies taking effect Jan. 1, 2020.
- NJ Companies Must Pay Worker’s Comp For Medical Marijuana, Court Rules
- Trump Administration Issues New Rule on Joint Employer Liability
- Employers Warned of Potential Wage-and-Hour Claims Under New Overtime Rule
- Workers’ Comp Profits at Risk from Growing Competition, Lower Rates: A.M. Best
- 2020 New Minimum Wage Rates