In continuing news:

NCCI has submitted a request to the Florida Office of Insurance Regulation (OIR) to consider supplemental information regarding its recent 1.9 percent decrease workers’ comp rate filing for the state, which Florida Insurance Commissioner Kevin McCarty said would be disapproved if not amended. McCarty issued an order to NCCI last week, demanding a 5.1 percent rate decrease with a November 9th resubmission deadline. NCCI responded on November 6th with additional information related to the expense constant, indemnity trend, and profit contingency factor for its annual workers’ comp filing.

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