Florida Office of Insurance Regulation to Review NCCI Supplemental Rate Filing Information
Nov 6, 2015
The Florida Office of Insurance Regulation (“OIR”) advised today, November 6, 2015, that it has received a request from the National Council on Compensation Insurance (“NCCI”) to consider supplemental information related to the expense constant, indemnity trend, and profit and contingency factor for its annual workers’ compensation rate filing.
This filing was disapproved by the OIR on November 3, 2015 with the caveat that it could be re-filed on Monday, November 9, 2015.
The OIR will review and evaluate the additional NCCI information.
To read the NCCI press release on this matter, click here.
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