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? 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 found the… Read more »