In neighboring news:

The Florida Office of Insurance Regulation (OIR) will conduct a public hearing to discuss NCCI’s proposed overall statewide average workers’ compensation premium decrease of 9.6 percent today. The decrease proposal follows a panic and steep rate increase last year over a series of Florida Supreme Court cases rolling back cost-cutting reforms. NCCI cites an 8 percent decrease in claims for this decrease.

Read more from Insurance Journal here.

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