Tag: National Council on Compensation Insurance
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Staff ReportsAugust 14, 2018
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4min604
One area is bucking the long-term decline in workers’ compensation claims nationally, according to a study by an industry data clearinghouse and rate-setting agent: Motor vehicle accidents. These increased by 5 percent between 2011 and 2016, amid a 17.6 percent decline in all claims. The blame likely lies with use of smartphones and other distractions […]

Michael MolineAugust 1, 2018
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4min523
A new law extending mental health treatment to firefighters, police officers, and other first responders with PTSD ranked Florida among the bellwether states in a survey of trends published by a national workers’ compensation ratings agency. The Regulatory and Legislative Trends Report, compiled by the National Council on Compensation Insurance, or NCCI, cites SB 376, […]

Michael MolineJuly 16, 2018
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4min326
An insurance industry analysis projects medical inflation of more than 2 percent through the end of 2019, chiefly because of improved treatment quantity driven by hospital consolidation. What that means for Florida’s workers’ compensation system remains unclear, according to a briefing paper, “The Impact of Hospital Consolidation on Medical Costs,” published by the National Council […]

Staff ReportsMay 1, 2018
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3min605
Florida employers will see another workers’ compensation insurance rate decrease on June 1. The Office of Insurance Regulation approved a 1.8 percent decrease Tuesday. The move had been sought by the National Council on Compensation Insurance, which proposes workers’ compensation rates in the state. NCCI lowered insurers’ profit and contingency factor — essentially, their cut […]

Michael MolineApril 24, 2018
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8min416
Daytona Aircraft Services had a beef with its workers’ compensation carrier — it believed the insurer had misclassified its operations, and that the mistake was costing $18,000 per year in inflated premiums. The company presented its case Tuesday before the Florida Workers’ Compensation Appeals Board, an independent forum overseen by the state Office of Insurance […]

Staff ReportsNovember 10, 2017
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2min500
The cost to buy worker’s compensation insurance is going down in the Sunshine State. Florida Insurance Commissioner David Altmaier on Thursday issued a final order​ granting approval to the National Council on Compensation Insurance (NCCI) for a statewide overall rate level decrease of 9.5 percent and premium level decrease of 9.8 percent, according to a press release. […]

Michael MolineOctober 18, 2017
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4min513
Regulators pressed representatives of a workers’ compensation insurance rating service Wednesday about whether two Florida Supreme Court rulings had in fact increased the cost of administering claims, as many had feared. The answer: Still too soon to say. Nor is it clear that carriers adjusted their reserves or other practices in response to the rulings […]

Guest AuthorApril 27, 2017
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5min502
With the House version of workers’ compensation reform, our state legislators are dangerously close to repeating the mistakes of the past. We cannot have a lopsided system that creates a chasm between the army of lawyers and executives who represent workers’ comp insurance companies and the injured worker who needs a competent lawyer to fight […]


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