Florida Rate Change Pending Admin Hearing

NCCI has release an update on the status of their request for a rate change in Florida. The rating organization appealed an order issued by the Florida Insurance Department disapproving NCCI's requested 8% increase in rates on November 26, 2001. The proposed increase was to be effective January 1, 2002.Administrative Law Judge Florence Snyder Rivas has been assigned by the Division of Administrative Hearings as the administrative law judge in this case and a hearing has been set for February 25-28, 2002 in Tallahassee. During the appeal rates currently in effect will remain until a final ord...