NCCI Proposes Florida Workers Compensation Rate Increase
NCCI Proposes Florida Workers Compensation Rate Increase Effective August 1, 2016 Overview of Castellanos Decision On April 28, 2016, the Florida Supreme Court issued an opinion in the case of Castellanos vs. Next Door Company, et al. , No. SC13-2082 (“ Castellanos ”) declaring S ection 440.34, Florida Statutes, unconstitutional. The anticipated impact of the decision is the elimination of the statutory caps on claimant attorney fees and a return to hourly fees. NCCI Proposes Rate Increase NCCI estimates that the first year impact of Castellanos will be an increase in overall Florida workers compensation system costs of 15%. This estimate does not include the following: · Impacts related to the First District Court of Appeal decision dated April 20, 2016 known as Miles v. City of Edgewater Police Department (“ Miles” ) declaring unconstitutional certain restrictions on claimant paid attorney fees....