In neighboring news:

In response to a recent decision from the Florida Supreme Court, the NCCI filed a 17.1 percent workers’ comp rate increase with the Florida Office of Insurance Regulation (OIR) for all new, renewal and additional policies in effect on a “pro-rata” basis. This is the first rate filing from NCCI, which files on behalf of 260 Florida workers’ comp insurers, since the Florida Supreme Court struck down the state’s attorney fee schedule in the Castellanos case. The court ruled on April 28th that the attorney fee schedule passed in 2009 is unconstitutional under both the Florida and the U.S. Constitution as a violation of due process. NCCI said the increase addresses the first year projected impact of the ruling.

Read more via Insurance Journal here.

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