NCCI is the Insurance Industry’s Cartel

What do they get out of Workers’ Compensation Florida HB 903? What is NCCI? The National Council on Compensation Insurance, Inc., NCCI, is the insurance industry’s own rating organization that files consolidated rate requests for workers’ compensation each year. It is their analyses of the workers’ compensation insurance market in conjunction with Florida’s own actuarial […]

Workers’ Comp Rate Increase: Unfair to Insurers, Employers, and Injured Workers

Tallahassee, Florida – JusticeNewsFlash.com — Florida Justice Association in Tallahassee, Florida Late last year, Florida Insurance Commissioner Kevin McCarty approved an 18.6% workers’ compensation premium rate reduction for 2009. This week, the commissioner approved a 6.4% upward adjustment in the rate effective April 1. While the approved rate adjustment is less than that requested by […]