TALLAHASSEE — Business groups released a proposal Tuesday they said will reduce workers’ compensation insurance rates by revamping a state law on fees paid to injured workers’ attorneys.
Associated Industries of Florida and other groups, such as the National Federation of Independent Business, released the proposal after a pair of Florida Supreme Court rulings last year helped lead to a 14.5 percent workers’ comp insurance rate increase. The Supreme Court ruled, in part, that a law strictly limiting attorney fees was unconstitutional.
Tallahassee, Fla. – The Associated Industries of Florida (AIF) “Florida Workers’ Compensation Strategic Task Force” today applauded the Florida Senate Banking & Insurance Committee for providing an update on the workers’ compensation system in Florida early on. During public comment, AIF’s task force says “Worker’s compensation system concerns prove to be justified.”
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THE CAPITAL, TALLAHASSEE, September 27, 2016………. Pointing to a major Florida Supreme Court ruling on attorneys’ fees, state regulators issued an order Tuesday that said workers’ compensation insurance rates should increase 14.5 percent starting later this year.