Tag: NCCI
Joe Biden makes his debut in the Hall of Presidents. Image via Disney.

Michael MolineNovember 9, 2018
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5min169
State regulators gave the final OK on Friday for a 13.8 percent decrease in Florida’s average workers’ compensation insurance premiums. The change takes effect Jan. 1. “Workers’ compensation insurance is a critical operating cost for business owners, and the 13.8 percent rate decrease approval will allow employers to better support Florida’s families, visitors and labor […]

Guest AuthorOctober 1, 2018
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5min130
The beginning of October marks National Customer Service Week, which recognizes the important role that customer relationships play in virtually every industry. After all, customers are at the heart of every business’s success and their satisfaction must be a top priority. Each year, the National Council on Compensation Insurance (NCCI) receives more than 500,000 phone […]

News Service Of FloridaSeptember 24, 2018
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2min99
The state Office of Insurance Regulation has scheduled an Oct. 17 hearing on a proposal that could lead to an average 13.4 percent reduction in workers’ compensation insurance rates next year, according to a notice published Monday in the Florida Administrative Register. The National Council on Compensation Insurance, which proposes rates annually for workers’ compensation […]

Michael MolineSeptember 19, 2018
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4min144
An insurance industry analysis undermines any assumption that employees delay reporting weekend injuries into the work week to take advantage of workers’ compensation benefits. Were that true, one might expect the number of workers’ comp claims filed during the work week to have declined since the Affordable Care Act brought 8 million people into the ranked of the insured. […]

Staff ReportsSeptember 7, 2018
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4min141
Increasing the federal minimum wage likely wouldn’t much affect the premiums employers pay for workers’ compensation insurance, according to an analysis by the organization that proposes rates for Florida and other states. “A minimum wage change would increase wages and wage-replacement benefits for injured minimum-wage workers,” the analysis by the National Council on Compensation Insurance, or […]

Michael MolineAugust 28, 2018
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4min284
The ratings agency that recommends workers’ compensation insurance premium levels in Florida on Monday recommended a 13.4 percent reduction, to take effect Jan. 1. A summary released by the National Council on Compensation Insurance, or NCCI, cites “continued significant improvement in loss experience.” “This is consistent with prior experience filings in Florida and in line […]

Staff ReportsAugust 14, 2018
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4min355
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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4min329
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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4min158
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 […]


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