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: Florida Workers’ Compensation Law BlogInsurance Commissioner Announces Another Rate Decrease, But. . .
By David A. McCranie, Esq.
Florida Insurance Commissioner Kevin McCarty has announced yet another decrease in workers' compensation rates for Florida employers in 2009. The average rate will decrease by 18.6%, bringing the average cumulative decreases in rates to 60.5% since the 2003 amendments to Ch. 440 were enacted.
Commissioner McCarty warned, however, that this decrease does not take into account the effects of the Florida Supreme Court's 10/23/2008 ruling in Murray v. Mariner Health. He expects NCCI to make a new filing in support of the rate impact which it believes will result from Murray.
Full post as published by Florida Workers’ Compensation Law Blog on October 30, 2008 (boomark / email).
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