NCCI released an update yesterday regarding its pending appeal of a recent circuit court ruling in Florida invalidating its 14.5 percent workers’ comp rate hike in that state. Dean Dimke, NCCI Communications Director, said in an emailed statement: “NCCI is pleased that today, Monday, December 12, the District Court of Appeals has extended the stay pending the outcome of the appeal and has expedited the appeal process. We continue to believe that NCCI, Commissioner Altmaier, and the Office of Insurance Regulation have fully complied with the law. NCCI looks forward to presenting its case to the Appellate Court.”
Read more about this case from Comp Blog here.