By Tom Murphy of Danna-Gracey In the insurance industry, like life, things tend to be cyclical. After more than seven years of declining rates and premiums, the National Council on Compensation Insurance (NCCI) recently recommended a rate increase of 8.9% in Florida, to take effect on January 1, 2012.   The workers’ compensation line in

Many medical practice administrators are unaware that most payroll companies and PEOs will allow them to carve out the workers’ compensation coverage in order to join a dividend program. The workers’ compensation coverage is not a priority for payroll companies and PEOs. They are usually willing to work with you in order to maintain the

Workers’ compensation carriers operating in Florida are required to inform their insured clients of any applicable dividend plans that coincide with the coverage. Due to the fact that this is a benefit being offered by the carrier, most of them announce their dividend programs in a clear and concise manner. Dividends are usually based upon

By Tom Murphy of Danna-Gracey Even before he ever took office it was clear that Governor Rick Scott was serious about changing Florida’s legislative and regulatory landscape. One of his campaign pledges included reducing workers’ compensation costs by 35%. He recently renewed this pledge to the Florida Council of 100 shortly after taking office. This