A public hearing on a National Council on Compensation Insurance (NCCI) rate filing that would provide the third consecutive annual increase in Florida workers' compensation premiums will be Oct. 4 at 1 p.m. in Tallahassee.The NCCI in August called on Insurance Commissioner Kevin McCarty to approve an overall average increase in rate levels of 6.1% for the voluntary market for all new and renewal workers' compensation policies, effective Jan. 1.McCarty approved average rate increases of 8.9% in 2011 and 7.8% in 2012.McCarty, in a statement issued by the Office of Insurance Regulation i...
Comments