In neighboring news:

NCCI estimates that an increase in unfunded liabilities for Florida’s workers’ compensation system is expected to exceed $1 billion, resulting from three state Supreme Court rulings. Insurance companies, individual self-insured employers, and employers with deductible policies are expected to saddle the $1 billion debt – this is in addition to the nearly 20 percent rate increase proposed by NCCI after the decisions came out.

Read more from Business Insurance here.

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