NCCI to Propose New Rates Following Murray
According to this story from the Tampa Bay Business Journal, NCCI is in the process of proposing higher workers' compensation insurance rates for Florida employers in light of the Florida Supreme Court's ruling in Murray v. Mariner Health. Although the 18.6% rate reduction previously approved by the Office of Insurance Regulation will go into effect on January 1 as scheduled, NCCI is proposing that new rates go into effect on March 1, 2009.