Monthly Archives: July 2016

Look out New York.

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Work Comp Rates in New York are on the rise.  On recommendation from the New York Compensation Insurance Rating Board, The New York State Department of Financial Services has approved a 9.3 percent average hike in workers’ compensation loss costs. These new rates will go into effect Oct. 1. For injured workers this… Read more »

What in the world is going on in Florida???

NCCI proposed to the Florida Office of Insurance Regulation a rate increase of 19.6%.  What caused this (Florida Supreme Court)? A 2.2 percent projected rate increase for the June 9th Florida Supreme Court decision in the case of Westphal v. City of St. Petersburg, in which the Florida Supreme Court… Read more »