The Florida Legislature failed to pass legislation this Session addressing the 2016 decisions by the Florida Supreme Court that led to a rate increase of 14.5 percent. Several bills were filed in the Florida House and Senate but ultimately the sides couldn’t agree on how attorney’s fees should be restructured in the state in the wake of Castellanos, which coincidentally, was the main reason given by NCCI for the steep increase. According to coverage from Insurance Journal, debate over the Senate and House bill went on throughout the final legislative day on Friday. The House version would have capped attorney’s fees at $180 per hour with comp judge approval and the Senate version would have capped them at $250 per hour. Another provision in the Senate’s reform bill would have transitioned Florida to a loss cost state – akin to Louisiana’s system and many others across the country.
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