JUA Puts Value of Pending Claims Affected by Murray at $19.1M

The Florida Workers' Compensation Joint Underwriting Association (FWCJUA) estimates the Florida Supreme Court's decision to strike down the 2003 cap on claimants' attorneys' fees will affect $19.1 million in claims it has in the pipeline. The state's residual workers' compensation carrier is the first of the state's insurers to put a price tag on the "unfunded liability" the National Council on Compensation Insurance (NCCI) warned they can expect from the high court's Oct. 23 ruling in Emma Murray v. Mariner Health/AceUSA.NCCI filed for a "law-only" rate hike of...